Learn to Evaluate (GRVY) using the Charts
October 22, 2024, 03:34 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GRVY
- Buy GRVY near 60.24 target 68.97 stop loss @ 60.07 Details
The technical summary data tells us to buy GRVY near 60.24 with an upside target of 68.97. This data also tells us to set a stop loss @ 60.07 to protect against excessive loss in case the stock begins to move against the trade. 60.24 is the first level of support below 65.44 , and by rule, any test of support is a buy signal. In this case, support 60.24 would be being tested, so a buy signal would exist.
- Short GRVY slightly under 68.97, target 60.24, stop loss @ 69.17 Details
The technical summary data is suggesting a short of GRVY as it gets near 68.97 with a downside target of 60.24. We should have a stop loss in place at 69.17though. 68.97 is the first level of resistance above 65.44, and by rule, any test of resistance is a short signal. In this case, if resistance 68.97 is being tested, so a short signal would exist.
Swing Trading Plans for GRVY
- Buy GRVY slightly over 66.64, target 68.97, Stop Loss @ 66.45 Details
If 66.64 begins to break higher, the technical summary data tells us to buy GRVY just slightly over 66.64, with an upside target of 68.97. The data also tells us to set a stop loss @ 66.45 in case the stock turns against the trade. 66.64 is the first level of resistance above 65.44, and by rule, any break above resistance is a buy signal. In this case, 66.64, 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 66.64, target 61.05, Stop Loss @ 66.83. Details
The technical summary data is suggesting a short of GRVY if it tests 66.64 with a downside target of 61.05. We should have a stop loss in place at 66.83 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, 66.64, 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 66.64, target 68.97, Stop Loss @ 66.48 Details
If 66.64 begins to break higher, the technical summary data tells us to buy GRVY just slightly over 66.64, with an upside target of 68.97. The data also tells us to set a stop loss @ 66.48 in case the stock turns against the trade. 66.64 is the first level of resistance above 65.44, and by rule, any break above resistance is a buy signal. In this case, 66.64, 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 66.64, target 65.02, Stop Loss @ 66.8. Details
The technical summary data is suggesting a short of GRVY if it tests 66.64 with a downside target of 65.02. We should have a stop loss in place at 66.8 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, 66.64, 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 October 22:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Neutral |
| P1 |
0 |
0 |
60.24 |
| P2 |
65.02 |
61.05 |
68.97 |
| P3 |
70.12 |
66.64 |
78.33 |
AI Generated Signals for GRVY
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Gravity Co. Ltd. (NASDAQ: GRVY) report below can help you understand how to do this. The trading plans for GRVY, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for GRVY:
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