GRT had broken the long-term trendline and has been consolidating above this trendline for a while.
In my opinion, the accumulation is done soon and GRT price will go up faster.
As a result, a buy setup is as in chart:
In my opinion, the accumulation is done soon and GRT price will go up faster.
As a result, a buy setup is as in chart:
- Target $0.23
- Stoploss $0.14 (below the red EMA 50D)
Comment:
GRT is 8% up. The phase D of Wyckoff's accumulation is on going in my opinon.
Comment:
GRT is +16% up