GranTierra (GTE) to rise to $0.59?
We're currently meeting resistance at $0.42, and $0.45. Once we're clear of $0.45, $0.59 is the next point of resistance. There are 2 ways in which we could get to this point:
1. in a week: if commodity prices keep rising in the face of increased inflation expectations, we'll blow past $0.45 to $0.59 in a week.
2. in late March: this is the more conservative path for the market
Alternatively, we could also continue trending sideways until late January providing ample opportunity to buy more in the $0.38 - $0.41 range, however, since the last 2 trading days were in the green, we're probably going to see 1. or less likely (IMO), 2.
1. in a week: if commodity prices keep rising in the face of increased inflation expectations, we'll blow past $0.45 to $0.59 in a week.
2. in late March: this is the more conservative path for the market
Alternatively, we could also continue trending sideways until late January providing ample opportunity to buy more in the $0.38 - $0.41 range, however, since the last 2 trading days were in the green, we're probably going to see 1. or less likely (IMO), 2.
Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.