Selling Pressure is Over: Ryde Group Ltd. (NYSE: RYDE)Our analysis indicates that the recent selling pressure on Ryde Group Ltd. (NYSE: RYDE) appears to have stabilised. This could signal a potential trend reversal, as evidenced by a flattening Relative Strength Index (RSI), suggesting diminished bearish momentum. Additionally, the Moving Average Convergence Divergence (MACD) is approaching a potential golden cross, further supporting the likelihood of a bullish shift.
If RYDE’s share price holds steady within the $0.600 - $0.620 range, we anticipate a possible rebound towards the resistance levels at $0.650 - $0.700. A successful breach of these levels could close the gap from previous price movements, marking a significant step in the stock’s recovery trajectory.
Grab
GRAB stock is close to reaching profitability, might go on sale Future price of GRAB in 5 years could be $11-$22 if earnings keep rising. If we go into recession, the multiple on GRAB stock could fall since its trading 5x sales and near 40x cashflow. Risky stocks often fall to 2-3x sales or near 20x casfhflow, even if they have good growth prospects.
Keep in mind that there is hot geo political tension that could create risk or headlines that create better pricing opportunities.
Note, Grab is still not profitable for this year, and analysts are looking for next year in 2025 for profitability. The business is still not proven, so only small positions would make sense until the we see real earnings and a proven business. There are many more opportunities right now given the recent sell of in stocks.
GRAB - Penny Stock Volatility Based LONG GRAB is a multi-dimensional fintech company serving SouthEast Asia. It does there what DASH
UBER and PYPL do in the US. Like many other or even most penny stocks it has volatility
which is the foundation for swing trading it for good profits. On the 60 minute chart are
the horizontal supply and demand zones as well as dynamic areas of high volume and volatility
as anchored VWAP bands and lines used for analysis that GRAB is now in the area of the
first lower band line and is predicted by the Luxalgo regression forecast to fall into the
demand zone confuent with the second lower band line. For forecast for after a predicted
bounce, GRAB will move higher toward the supply zone on the chart. Accordingly,
I will watch GRAB to fall into the demand zone where it will pick up long buyers such as
myself. I sell set a stop loss at 2.90 and two targets, the first being the mean VWAP level
of 3.2 for a close of 1/3rd of the position and then 3.4 ( first upper VWAP) for a close
of another 1/3rd of the position and finally a target of 3.55 just under the demand zone.
The trade is for a trade of about 15% gain over 1-2 weeks which needs little attention when
alert/ notification price levels are set. This allows for stress free trading without much
effort or screen time.
Liquidity Pools EURUSDHi,
I can see at least two Liquidity Pools on Medium/Higher Time Frame for EURUSD,
and price is likely to seek these. The question is if it will go first below or first up. Instinctively, I usually want to trade upwards or the reversal, but since price short term is already downwards, and thus closer to the lower Liquidity Pool, then perhaps that is the wiser choice, to do a small short if anything.
But there are liquidity pools to the upside, which can give a great reward if it reaches there, and you have traded near these lows.
Have a great day in Jesus' name!
-ThomChris
$UBER - Rising Trend Channel [MID-TERM]🔹Rectangle formation produced a POSITIVE signal at the break through resistance at 29.76.
🔹The target price of 38.72 has been achieved, but the formation continues to indicate a consistent direction.
🔹In case of a NEGATIVE reaction, support at approximately 43.50.
🔹Technically POSITIVE for the medium long term.
Chart Pattern:
◦ DT: Double Top | BEARISH | 🔴
◦ DB: Double Bottom | BULLISH | 🟢
◦ HNS: Head & Shoulder | BEARISH | 🔴
◦ REC: Rectangle | 🔵
◦ iHNS: inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
GRAB Holdings Options Ahead of EarningsIf you haven`t bought GRAB ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of GRAB Holdings prior to the earnings report this week,
I would consider purchasing the 3usd strike price in the money calls with
an expiration date of 2023-10-20,
for a premium of approximately $0.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Grab Holdings is your chance for a 10xGrab is the leading superapp in Southeast Asia , providing everyday services such as mobility, deliveries and digital financial services to millions of Southeast Asians. After a long-lasting Downtrend, Grab found a Bottom and formed a Continuation Pattern . If this Pattern breaks to the Upside, mixed with good Fundamentals, the stock could go back in a Range between 10-15 Dollars . On August 23th Grab is publishing their Quarter Results . The Revenue of Grab grew over 100% last Quarter and the loss improved by nearly 80% . This Quarter the could go Breakeven , which could lead to a positive buying Signal for Grab. I will Update you if we got an Outbreak!
Have a nice Day!
GRAB Holdings Options Ahead Of EarningsAnalyzing the options chain of GRAB Holdings prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GRAB Holdings Options Ahead Of EarningsLooking at the GRAB Holdings options chain ahead of earnings , I would buy the $3.50 strike price Calls with
2023-3-17 expiration date for about
$0.32 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Grab stock future value in 2031 using crayons and binocularsStocks are businesses. most of them anyways. some are expensive hobbies until the money runs out.
Its a good exercise to value opportunities as you see them. useful to weigh it and make notes in your files.
Maybe not now, but later, your pitch with be thrown, and you might be ready to swing at it.
$GRAB - Might do a thingI've done little to no DD on this stock. The reason why i'm even mentioning it is because it's touched the 50DMA which means nothing really and it's part of the GME/AMC/HOOD meme basket. After the meme basket move today thanks to Bobby, i'm basically throwing some money atGRABwhich is part of the basket to see if something happens. Oddly enough the options chain for February for GRAB is waaaaaaay loaded and IV is really low. The only downside are the TERRIBLE spreads.
The company itself is pretty bad and it's reason to be in the meme basket is to server as a weight to drag everything down, but with the recent bobby development, tomorrow there's a decent chance for everything in the basket to do SOMETHING, so i'm just picking the stock with the most overloaded options chain for Feb & the cheapest options. That's all.
Congrats on the other meme basket winners today.
GRAB Potential for Bullish Rise | 7th February 2023Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for a pullback buy entry at 3.38, where the overlap support is. Stop loss will be at 2.80, where the recent low is. Take profit will be at 4.96, where the overlap resistance and market gap are.
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GRAB potential future Forecast | Sunday 29th January 2023Hello,
I would like to share a trade idea for a potential price target for GRAB.
Idea
Price seems to have formed a retail "W" formation. Expecting price to continue bullish and head towards the market gap at 4.84, where the 61.8% Fibonacci line is.
For entries, it's important to use confirmations on smaller timeframes and to always exercise caution while trading.
Thank you,
Chen Yongjin
GRAB Potential for Bullish Continuation | 6th January 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible pullback buy entry at 3.37, where the 23.6% Fibonacci line is. Stop loss will be at 2.94, where the 50% Fibonacci line and recent low are. Take profit will be at 4.00, where the previous swing high is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Rise | 29th December 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 3.37, where the recent high are. Stop loss will be at 2.93, where the 50% Fibonacci line is. Take profit will be at 4.00, where the previous swing high is located.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Meme Basket Found - AMC CHPT COIN DT F FIVN GME GRAB HOOD LUMNTo add a good approximation of what the current meme basket looks like just copy this and add it as a new symbol.
AMC+CHPT+COIN+DT+F+FIVN+GME+GRAB+HOOD+LUMN
This is the current basket and someone's sold $166 mil worth of spreads ranging between $0.4 up to $6.3 in spread on this basket on the 7'th of Dec and 15'th of Nov. There's around 78 transactions worth $2m each done in quick succession on those dates.
Here's the stocks that are part of this basket:
AMC
CHPT
COIN
DT
F
FIVN
GME
GRAB
HOOD
LUMN
This isn't that good because HOOD is part of the basket and so is AMC (which we all kinda knew). But because HOOD is part of this basket and FTX's was hoarding HOOD shares that may be sold off in the market (hopefully will be sold in a block trade auction instead), if those HOOD shares are sold at market value, they'll tank the whole basket. Regardless, even if sold algorithmically, those HOOD shares are going to have a decently big effect on the basket (Price go down).
This is a weird basket with lots of mixed sectors... All i can say is that there's a falling wedge which indicates that something may start occuring in Feb just in time on Feb 21 for the quarterly meme run. Hopefully the whole market doesn't decide to correct again on that date like it has the past few cycles specifically on that EXACT day out of coincidence...
Found this swap in the DTCC- SEC swap depository online as this is something i've been tracking for a bit over a year now. Since a month ago SWAPS are reported with a lot more and useful information and the full meme basket name is now visible basically.
GRAB Potential for Bullish Continuation | 13th December 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 3.24, where the 61.8% Fibonacci line and previous high are. Stop loss will be placed at 2.80, where the previous swing low is. Take profit will be at 3.68, where the 78.6% Fibonacci line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Rise | 7th December 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 2.89, where the 38.2% and 50% Fibonacci line is. Stop loss will be at 2.52, where the previous low and 23.6% Fibonacci line is. Take profit will be at 3.68, where the 78.6% Fibonacci line and previous swing high is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GRAB Potential for Bullish Rise | 1st December 2022Looking at the H4 chart, my overall bias for GRAB is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 2.89, where the 38.2% Fibonacci line is. Stop loss will be at 2.52, where the previous swing low and 23.6% Fibonacci line is. Take profit will be at 3.68, where the 78.6% Fibonacci line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.