The analyst strongly recommends buying GRRR at $16 to catch the start of Wave 3, expecting a potential 720% gain to complete Wave 5, supported by a $2.8 billion expansion and technical support levels.
Game-changing $2.8 billion expansion with Yotta partnership; market cap is $450 million; expected announcement of closed public offering enabling aggressive expansion; technical support above 50 WMA and higher support level at $44; catching the Neo Cloud theme.
$GRRR - FULL IMPULSE COUNT - $GRRR can gain +720% here to complete Wave 5 - You are catching the start of Wave 3 here at $16 - Game-changing $2.8 billion expansion. The company recently expanded the Yotta partnership to include 20,736 NVIDIA B300 GPUs, with the project framework valued at approximately $2.8 billion. (Market Cap is $450 million) - We expect an announcement this week that they have closed their public offering and this will allow their aggressive expansion. - $GRRR is our position to catch the Neo Cloud theme that the market is moving next into. - Technically all we need to see is a hold above the 50 WMA and we have a higher support level which brings us back to $44 next. VERDICT: STRONG BUY.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +3.5% | +5.0% |
| 1 week | +13.7% | +14.1% |
| 1 month | -23.2% | -23.7% |
| 3 months | — | — |
| 6 months | — | — |