When the Price of (GRVY) Talks, People Listen
November 12, 2024, 18:04 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GRVY
- Buy GRVY near 58.96 target 67.29 stop loss @ 58.79 Details
The technical summary data tells us to buy GRVY near 58.96 with an upside target of 67.29. This data also tells us to set a stop loss @ 58.79 to protect against excessive loss in case the stock begins to move against the trade. 58.96 is the first level of support below 65.45 , and by rule, any test of support is a buy signal. In this case, support 58.96 would be being tested, so a buy signal would exist.
- Short GRVY slightly under 67.29, target 58.96, stop loss @ 67.48 Details
The technical summary data is suggesting a short of GRVY as it gets near 67.29 with a downside target of 58.96. We should have a stop loss in place at 67.48though. 67.29 is the first level of resistance above 65.45, and by rule, any test of resistance is a short signal. In this case, if resistance 67.29 is being tested, so a short signal would exist.
Swing Trading Plans for GRVY
- Buy GRVY slightly over 65.74, target 67.29, Stop Loss @ 65.55 Details
If 65.74 begins to break higher, the technical summary data tells us to buy GRVY just slightly over 65.74, with an upside target of 67.29. The data also tells us to set a stop loss @ 65.55 in case the stock turns against the trade. 65.74 is the first level of resistance above 65.45, and by rule, any break above resistance is a buy signal. In this case, 65.74, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short GRVY slightly near 65.74, target 58.96, Stop Loss @ 65.93. Details
The technical summary data is suggesting a short of GRVY if it tests 65.74 with a downside target of 58.96. We should have a stop loss in place at 65.93 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 65.74, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for GRVY
- Buy GRVY slightly over 65.74, target 67.05, Stop Loss @ 65.59 Details
If 65.74 begins to break higher, the technical summary data tells us to buy GRVY just slightly over 65.74, with an upside target of 67.05. The data also tells us to set a stop loss @ 65.59 in case the stock turns against the trade. 65.74 is the first level of resistance above 65.45, and by rule, any break above resistance is a buy signal. In this case, 65.74, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short GRVY slightly near 65.74, target 58.96, Stop Loss @ 65.89. Details
The technical summary data is suggesting a short of GRVY if it tests 65.74 with a downside target of 58.96. We should have a stop loss in place at 65.89 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 65.74, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Gravity Co. Ltd. (GRVY) available here: GRVY.
GRVY Ratings for November 12:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Strong |
Neutral |
P1 |
0 |
0 |
58.96 |
P2 |
65.54 |
65.74 |
67.29 |
P3 |
67.05 |
67.98 |
76.33 |
AI Generated Signals for GRVY
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Gravity Co. Ltd. (NASDAQ: GRVY) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for GRVY can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for GRVY: