Genedrive Plc
做多

GDR update

173
Nice impulsive move from Genedrive in the past days marking a bottom filling at the 39p gap. We still need to beat the 82p downtrend line and close above it, but I see the Volume and candle support is so strong at the moment that this looks inevitable. MACD 4C slope started very steep for a confident continuation. Scenario is still the same as earlier, and we now move up for the main C wave. Most likely in 5 waves for a C, optimal case to extend 1.618 of the A. Nearly double top or 1:1 extension is the safest plan by the summer in the £3 region. Likely to trade as per these main waves and price action towards the top.

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