$GRAB ready for the launch to $6-8 range

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- GRAB market leader in south east asia with diversified business in a growing economy has massive TAM and strong tailwinds i.e economy of scale.
- it provides you to diversify your portfolio with emerging markets.
- GRAB was consolidating and now is ready for the impulsive move to its new range of $6-8 where it might consolidate further to challenge the all time highs.
Nota
While I appreciate the breakout GRAB is having but after hours breakout on a low volume is a shitty move. For move to be legitimate, it should sustain this in normal trading session with volume
Nota
- So far, Breakout has failed to gain momentum. People tried to cheat to skip the key levels by pumping after hours but those rallies fizzled out.
- It appears that fundamentals would need to align for the break out which we could assess in the upcoming earning report.

Penafian

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