Genedrive previous setup broke down from what it looked like a Y wave triangle, one of those lessons with triangles - it looks like a triangle, smells like a triangle, but it will probably end up being a flat or zig-zag. I think there are more legs in this move due to the volume, and volume means continuation towards that trend, whatever trend it is. I have a few...
Anyone in still doubt? Just look at the RSI trend-line retest. The uptrend move has been started and will break up next week.The current move we are in is a new impulse and will be full steam ahead, you have been warned. Get GDR on your watchlist and buy while its this fart low.
Genedrive targets remain the same in the above £5 level next. Corrective pattern count slightly cleared up with this recent triangle completion. My only update is from WXY to ABC count as the first move down was in 5 waves. The X slightly shifted as a B wave. The C triangle completed in 5 subwaves now. I dont expect it dropping below the triangle level anymore....
Building up for a massive buying zone now. Last chance for buying GDR it seems. Nothing changed on my previous count, this last Y triangle looks more classic triangle form finishing now.
News is this week for sure.
12x. zone is instant buy pressing while it lasts.
This is now my most likely count on Genedrive GDR corrective pattern ending in a Y wave triangle formation. All recent waves are 3 wave formations that suggests we are still in a correction.
With this I revert back to my impulsive count and the primary rise is now considered in 5 wave impulse, currently finishing the wave 2 in a wxy. Primary targets of the wave 3...
I am trying to be ultra conservative with my GDR targets here and only assume we are doing a 3 wave move in ABC. This will put us into the £5 region where the C wave extends to x1.618 of the A. Watching the volume closely when we get there and see if the price action will further extend impulsive to stay still an keep on holding. Buying at these levels is not a...
lucky if you can buy under 90p for GDR at this volume support, move up expected just on volume distribution. EMA support also tested, main trendline tested from the top after breaking up. This will now follow a move up, top up anything under £1. My count remains intact from previous initial target above £2 with the next impulse.
Current pattern is still very corrective, the 1st demand zone has been broken so now moves towards the second between 53p-60p. This would break the lower trend line so it would be likely just a wick to this zone. There is also a gap to close in 59p here.
Targets are still the same, as per previous chart the correction retraced more than 61% so initially would not...
Genedrive ( GDR ) reached a strong demand zone on the daily, also bounced off the 200 MA. Correction is in wxyxz potentially ending here with a strong reversal signal. Last ABC move C extended to exactly 1,618 of wave A. The whole structure retraced deeper than .618 of the wave 1 so the next impulse will likely not continue in a bigger x2.618 extension to w3 but a...
Nice turn for Genedrive printing a bullish pin bar on the daily. Major indicators now support the next Wave 3 leg up. All set for a huge movement next week ahead of trade agreement news. Previous long term targets all in play. STRONG BUY
I see GDR in this last 5th wave of the C correction of the larger Wave 2. Correction should finish here. Prints very bullish as correction truncated in A wave and C wave. Targets to the upside did not change, massive upside potential when Wave2 completes here.Will end in a time relation (A+B)/2=C This leaves the bottom at 5pm 9th June.
Genedrive PLC (GDRG) Wave 3 in the making, this can end up to be a beast. Just look at the mcap compared to the news expected and similar stocks. Look at volume! Week ahead looks great with news in the schedule.
