30 Dec 2021 - Update on Grab pursuant to my youtube video (US trading time)
My youtube video on grab:
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Below is the intraday price chart of Grab.
On the day when rest of the high tech growth stocks are doing well and a day after analysts initiating coverage on Grab with an overweight rating, Grab is performing relatively weak given that other stocks are jumping up like around 4% whereas Grab is only 1% up by almost midday US trading.
It even tested below 7 USD and was hovering around 6.8 USD. This is not exactly a good sign.
I continue to stay out of Grab as I find it expensive at current pricing. The price structure also looks weak too.
My youtube channel as follows:
As always, this should not be construed as any investment or trading advice.
$Grab Holdings (GRAB.US)$ $Sea (SE.US)$ $Roblox (RBLX.US)$ $Roku Inc (ROKU.US)$ $Yalla (YALA.US)$ $DraftKings (DKNG.US)$ $NVIDIA (NVDA.US)$ $Unity Software (U.US)$ $Cloudflare (NET.US)$ $DocuSign (DOCU.US)$ $eBay (EBAY.US)$ $DiDi Global (Delisted) (DIDI.US)$ $Hasbro (HAS.US)$ $Zillow-C (Z.US)$ $Wix.com (WIX.US)$ $Rivian Automotive (RIVN.US)$ $Upwork (UPWK.US)$ $Peloton Therapeutics (PLTX.US)$ $Zoom Video Communications (ZM.US)$ $Beyond Meat (BYND.US)$
$Grab Holdings (GRAB.US)$ $Sea (SE.US)$ $Roblox (RBLX.US)$ $Roku Inc (ROKU.US)$ $Yalla (YALA.US)$ $DraftKings (DKNG.US)$ $NVIDIA (NVDA.US)$ $Unity Software (U.US)$ $Cloudflare (NET.US)$ $DocuSign (DOCU.US)$ $eBay (EBAY.US)$ $DiDi Global (Delisted) (DIDI.US)$ $Hasbro (HAS.US)$ $Zillow-C (Z.US)$ $Wix.com (WIX.US)$ $Rivian Automotive (RIVN.US)$ $Upwork (UPWK.US)$ $Peloton Therapeutics (PLTX.US)$ $Zoom Video Communications (ZM.US)$ $Beyond Meat (BYND.US)$
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aloysiusc : .