11Mon·

What's wrong with Grab?

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.

8 Comments

PikaPika0105@PikaPika0105

11Mon

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.

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PikaPika0105@PikaPika0105

10Mon

I think Grab is absolutely dominant in Southeast Asia and will therefore continue to grow well

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Vanessa@Nessava

10Mon

I have just reduced my entry price 😅

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Earnus@Earnus

11Mon

@Nessava a perfect time to put some money aside and then top it up.

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Kai@Dividenden-Sammler

11Mon

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.

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Dukke@Dukke

11Mon

It is not a correction, the company is not profitable, the price spike was just a speculation, now returning to normal/fair price.

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Epi@Epi

11Mon

If it isn't nomen omen est! 🤔

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Marc@DerAzubi

11Mon

Bottom formation since March 22, upward breakout in October 24, now the correction of the upward movement. May well head towards $4 again

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