$GRUB Inverse Head & Shoulders - Momentum Gaining
GGRUB Inverse head & shoulders pattern has formed on the daily chart. Momentum indicators are gradually trending upward. Will be monitoring for a break-through and close above $83.00 resistance level for confirmation.
Near-term target - $95.00-$100.00 range by mid-February (assumes positive ER early Feb)
Medium-term target - Oct'18 $110.00 Gap-fill by April
Note: Informational analysis, not investment advice.
Near-term target - $95.00-$100.00 range by mid-February (assumes positive ER early Feb)
Medium-term target - Oct'18 $110.00 Gap-fill by April
Note: Informational analysis, not investment advice.
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