GRAB in a sea of upgrade and price target increase, a lone downgrade from a relatively unknown fund. Not sure if this is attention seeking, and no way to find their reasons.
Beat on all metrics and guidance raise in a high growth sector, I think the rally continues.
GRAB Since October 2023 GRAB has created Higher Highs on the 4 hr timeframe. Starting October 2024 until now it printed a Cup and Handle Pattern. It forms a Bullish Hidden Divergence on MACD and more buyers are jumping in at around 38.2% Fib Retracement.
Buy at 3.50 Stop loss 3.40 Take profit 1 - 3.98 Take profit 2 - 4.7
GRAB March 2024: Grab Holdings Limited GRAB, the UBER, Uber Eats of the region is now accepting #Bitcoin & stablecoins. With today’s Spot Bitcoin ETF approvals in Hong Kong, #Bitcoin adoption in the Southeast Asia region gains momentum. #GrabSG