GRRR so it looks like some financial blogger named Edwin Dorrisey made some fallacious and fiscally unflattering comments about GRRR that drive the price down over 24% today. GRRR has snapped back and read him the riot act. He was looking to short the stock which he send was successful. Ignore and buy now because this price of $32 is absolutely perfect. It will be $50 in no time, watch and see. Good hunting.
GRRR looks like $53 range is next top charting from the first leg up to $23 range and back to $11 range. We are on the third leg which has about $15 left in the tank. At least that’s what I’m seeing.
GRRR RSI divergence on larger timeframes. Not a good sign. It could run more, but the sell off will probably be huge, like what happened to SoundHound. Be smart and wait for the reversal to get in lower. I ran this baby all the way up from 5 to 25$. I will re-enter when it comes down to 12$, and believe me it will.
GRRR Like i said couple of days back, headed close to previous high at the very least. There have been 3 attempts to drop this by 10% or so in last 3 days and each time it has recovered and ended in green. So price action has been a give away. Sometimes just ignoring all the bad news around and just looking at charts is good enough. :)