GRIN getting ready for breakout

14 May

GRIN is oversold with bullish divergence and pattern similar to AIOZ before it pumped up. Once we break major diagonal resistance line which is holding us back for over 6 years expect strong push up. Likely target is pivot at fibb 0.618 range, after that expecting bigger pullback to try form a higher low.

evvelsi gün

Not

We broke out of falling wedge formation, are overbought so some correction is possible - test of breakout. As long as we stay above resistance line we are ok. Plan remains - push to fibb 0.618 range.