GRAB trade ideas
GRAB B4 IT GOES!this stock has been grinding for the last 2+ years carving out a bottom as good as kim k. and that HAMMER... stop it. saw china buying td -318pm 11/6
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.
Should you grab some GRAB shares ?I am in no hurry and though it is cheap , it can gets cheaper and cheaper..........
Always remember, are you buying because it is popular in the news, you see their brand everywhere, your friends are buying and so you want to be in the group ? Examine your motive to buy , it is your money after all.
There are thousands of stocks for you to choose from ........don't lose the forest for a single tree......
GRAB' will grab the skies soon...Massive Rise ahead.GRAB has registered its 2nd monthly green candle after correcting for more 6 months. Net volume has surged impressively.
Long term monthly Higher lows has been created - slowly shifting the weighty bear trend. Long positions has finally taken over shorts based on recent price action this past 60 days.
Recent data is suggesting more exponential rise is expected that may target x2 initially.
Price behavior conveys firm direction heading closer to the heatzone / breakout point.
Best to seed at the current range now. The growth prospect of this one is too attractive to be missed.
Spotted at 3.0
TAYOR.
GRAB - LONGGrab, established in 2012, is a multifaceted platform offering ride-sharing, food and grocery delivery, and financial services across eight Southeast-Asian countries. It dominates the market, especially in ride-sharing and food delivery, accounting for 89% of its revenue, with significant contributions from Singapore and Malaysia. Grab competes with Foodpanda and Gojek but is focusing on organic growth and AI technology investments to achieve full-year profitability, as stated by CFO Peter Oey. Despite its financial services being in early stages, Grab has also started generating advertising revenue, marking its first quarterly profit recently.
Coming down to a strong support for a quick swing.
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.
Short GRABDont know why this is trending up today considering the markets reaction over fed news and rate cuts nowhere to be seen anytime soon, preparation for higher rates for longer loom on the stock market. While many equities have done well in this economic downturn, equities similiar to this stock e.g UBER LYFT have been massively outperforming GRAB by a long shot. Is it the exposure to ASIA?, the considerable amount of shares outstanding considering the company announced their first ever company share buyback. Their way of managing the company handling multiple sources of sectors into one company e.g financials, ride sharing etc.
They seem to be all over the place in this space so as technical look to be lining up again to the upside I would be very careful with this stock as this rise in price may be too early and investors short again in the mids 3s. Which occured even more this time around as GRAB chief human resources officer CHIN YIN ONG continuously shorting the stock, selling increments of 48k x 2, + 160k shares all sold at prices ranging from 3.16-3.30
very very interesting how right after they announced sharebuybacks their own staff are dumping shares at lower prices purposely losing confidence from investors
their chief product officer selling 150k shares at a price of 3.16 02-26 did not help either.
so long as these individuals continue to sell at the low prices be prepared to be shorted by these insiders
GRAB some chips cause price is about to DIP upThe UBER of ASIA you could say, up for grab. No longer a dump, but its time to PUMP. As we reach earnings near end of FEBUARY the potential to the upside is more apparant now so more than ever. As we observe the graph I have the 9 day and 30 day moving average represented by the purple and yellow line which signals a short to intermediate term buy on the bullish sentiment that price had a strong support at roughly 2.90USD. The price from the time the possible bottom of the current downtrend was broken and the 3 confirming green candles can provide a long entry to the upside prior to earnings released. As price may take some time to grow in particular it has gained roughly 8% in the last month since buyers stepped in around the 2.90 USD price range and buyers from a psychological perspective stepped in to answer the call as it was deemed 'cheap'. Price would need to hold and break about 3.40-3.60 within the month of feb for it to proceed which isnt very much at this current price. We've got the moving average convergence divergence indicator which is lead me to believe this would be a entry LONG because the MACD and signal line represented in the blue and orange line are about to crossover. Another note is the inverse head and shoulders pattern which is potentially quite a set up weve got here as price has been in this range for quite some time. considering this pattern formed on the weekly timeframe is even better as this move has taken quite some time but as we proceed onwards into 2024/2025/2026 onwards there has been a shift in economic structure in regards to how the days of dining in restaurants and eating out has been completely changed since the covid epidemic. The need for takeout and food delivery or delivery of any kind for that matter is growing. I believe this is an opportunity for exposure in the southeast ASIAN industry as they have been stimulated much more strongly in the recent years compared to how the west have operated with high inflation and high interest rates. As economic markets shift so do habits of their inhabitants.
GRAB AnalysisPrice played out nicely as analyzed last week, with price finally taking out the relatively equal lows at 3.00 which I talked about since 24 Nov 2023. However, price is still within an overall bearish order flow on the higher timeframe. I'm expecting this rally to be short-lived and next target could potentially be the clean highs at 3.44.
GRAB AnalysisPrice consolidated since my last analysis. Price action is unclear on the higher timeframe right now. However, on the lower timeframe, we saw that price actually took out the clean lows at 3.19 and rallied from there as what I expected last week. From there we had a nice clean break of market structure to the upside. Price has been building buy-side liquidity recently, and I'm expecting price to continue higher from here, targeting the highs at 3.44.
GRAB AnalysisPrice played out nicely as my last analysis, rallying from the bullish OB at 3.11. Target for this rally is the clean highs at 3.44, but I'm expecting a bearish retracement from here with the equal lows at 3.19 being formed.
Grab may follow its sector on upsideGrab may return back near to $4 base on sector comparison.
Looking at how both Uber & Lyft perform, we may position a upside bias for Grab.
GRAB AnalysisPrice failed to fill the FVG at 3.67 which I was expecting before falling. Price is currently re-mitigating the current bullish OB. If price wants to go higher, I'm expecting this bullish OB to hold, and price has to break the highs at 3.44 to confirm a bullish move. Potential target for this bullish move is to fill the FVG at 3.67. Institutional $3.00 could be the next short term target for liquidity before the up move.
Bullish on GrabGoing to start produce EBITDA Lower Free Float.
More Securities is targeting to 4 USD.
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!
Breakout may happen soon for GrabWeekly chart showing quite promising for Grab to have a breakout.
Watchout resistance at $4.
GRAB AnalysisPrice missed the bullish POI at 3.11 by a few cents, and proceeded to rally, giving us a 13.86% move to the upside since my last analysis. Price has taken buy-side liquidity built in early 2023, and is currently showing signs of bearishness. I'm expecting a bearish retracement to be coming, potentially to mitigate the bullish POI at 3.41 next.
GRAB AnalysisPrice did not play out according to my last analysis. Price took liquidity above 3.57 and failed to close above. Price is currently showing bearish momentum and the potential target for this down move is the bullish POI at 3.11.
GRAB With the amount of consolidation NASDAQ:GRAB is accumulating. Missed original entry but a swept-to-long would be great.
GRAB AnalysisPrice consolidated since my last analysis. No changes to my expectations, expecting price to continue lower, following the bearish order flow and momentum. Potential target for this down move is the bullish POI at 2.49.
