Granite Point Mortgage Trust Inc. (GPMT) Social Stream
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$GPMT PT🎯 ~ 💲17.50UnorthodoxInvestor, published December 1, 2020
Ascending Triangle✅ - (Weekly), this is a weekly play so a possible holding period is around till mid FEB of next year, prices yet to breakout above resistance which IMO should be no later than next week - PT depends on how the pattern plays
Breakaway Gap✅ - (Daily), prices gapped from breaking above the downtrend line
Runaway Gap✅ - (Daily), Expected PT from this move is $11 (Short term play)
Trendline Break✅ - (30mins), break of the bearish trendline
Trendline Support✅ - (30mins), the uptrend line is proving to be good support
⚠️PTs are provided that patterns and price action fulfill the way it is expected!
🚫Do your own DD, these are only my opinion of how price would behave!
💲FOLLOW me to check out my other analysis for the stocks I am watching next week💲
🟢Already Posted - ATEN, CBAY, GPMT, RYAM, MESA
🔴To be posted - SUP, LC, FNKO, SLCA, DHF, AQB