14H·

What's wrong with Grab?

$GRAB (-1.67%)

Does anyone know why Grab has been falling for 4 weeks? It doesn't look like a normal correction to me. But I have not been able to find out anything so far.

1
6 Comments

profile image
Don't think this is a cause for concern. Don't pay attention to short-term price movements, but focus on the long-term forecasts. If you believe in the vision, then buy and hold. If not, then it's not the right investment for you.
3
profile image
Why shouldn't this be a "normal" correction? Just look at the recent rise in the share price. Probably an overreaction and now it's probably getting back to fair value. If that were the case, I think it would go much further south.
profile image
It is not a correction, the company is not profitable, the price spike was just a speculation, now returning to normal/fair price.
profile image
If it isn't nomen omen est! 🤔
profile image
Bottom formation since March 22, upward breakout in October 24, now the correction of the upward movement. May well head towards $4 again
profile image
@Nessava a perfect time to put some money aside and then top it up.
Join the conversation