Gran Tierra Energy Retracing. GTEA new zigzag is in order in an overall consolidation phase on this penny stock.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Grantierra
GTE Gran Tierra bullish target $ 0.90 to $ 1.06Share that I see potential in the coming period. Good for a safe ride of approximately 16 cents. Today earnings come, in general the company is doing well and they have an intrinsic value of $ 1.15 (before tax). Target $ 1.06 in the near future, but also interesting for long-term investors. Share is between a 52-week range 0.18-1.23, of which we can quickly get the latter ($1.23). Bullish with this one.