SamSuka
The Long Investor
The Long Investor

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$GRAB - WATCHLIST -

I was in Asia recently and I saw how popular this App is, its effectively Uber and Uber Eats combined and very effective together.

Price has broken out of this 2 year wedge and has just broken above its 2023 high and has come back for a retest at $4.

If the price can hold above $4 then the next test is the First Target at $4.44.

Followed by the Second Target at $5.12.

$GRAB - WATCHLIST -

Comments

Cap learning question. When I see GRAB chart, I see accumulation. I also saw the triangle formation, but curious as to why you see this as a triangle vs accumulation.

DiegoTheSabre17

Uber did a deal like this with Didi from china, also

DiegoTheSabre17

Much obliged Cap.

Milko

Grab had a deal with uber to do a share swap and take over the region, so uber holds 20% of grab after the deal, in exchange for exiting the markets of SEA.

Chris H

I’ve been holding this for over 2 years. Unfortunately bought at the top. Appreciate the insight!

Massey

I’ve got a grab on the way, as we speak 😎

Glen Donnelly

Ever checked bolt oder gojek? Grab is more like Thailand. Gojek is Indonesia

Lars Henning


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