GRRR.O enter at $9.20, target $10.90 (18% upside) in 1-2 weeks.

The recommendation to enter Gorilla Technology (GRRR) at $9.20 with a target of $10.90 in 1-2 weeks is not supported by the current technical indicators. 1. **Current Price and Recent Performance**: Gorilla Technology's current closing price is $16.31, which is significantly higher than the suggested entry price of $9.20. This indicates that the stock is not currently in an oversold condition, and the potential for a short-term upside is limited. |code|Ticker|Name|Date|Support Level|Resistance Level|market_code| |---|---|---|---|---|---|---| |GRRR|GRRR.O|Gorilla Technology|20250730|18.7500|24.7000|186| |code|Ticker|Name|Date|Closing Price|market_code| |---|---|---|---|---|---| |GRRR|GRRR.O|Gorilla Technology|20250730|16.31|186| 2. **Technical Indicators**: - The stock's weekly volatility is 2.19%, which is relatively low and does not suggest a high probability of a significant price movement in the short term. - The MACD is -0.85, which is typically considered bearish, but it is not a strong indicator of a potential upside. - The RSI is 19.3, which is in the oversold territory but has not reached levels that would typically suggest a strong buying opportunity. - The KDJ indicator is 2.28, which is very low and could suggest an oversold condition, but it is not a strong indicator of an imminent price increase. - The Bollinger Bands are at $19.55, which is very close to the current price, providing limited upside potential. |code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code| |---|---|---|---|---|---|---|---|---| |GRRR|GRRR.O|Gorilla Technology|20250730|19.5485|19.3026|2.2833|-0.8457|186| 3. **Moving Averages**: The 5-day, 10-day, and 20-day moving averages are $17.18, $17.93, and $19.55, respectively. The stock is trading below these short-term and medium-term moving averages, which could be seen as a bearish signal. |code|Ticker|Name|Date|Moving Average|market_code| |---|---|---|---|---|---| |GRRR|GRRR.O|Gorilla Technology|20250730|17.1770|186| 4. **Fibonacci Retracement**: The 618 Fibonacci retracement over the past year is $28.08, which is significantly above the current price and suggests that there is limited upside potential based on this indicator. Given these points, the entry price of $9.20 is not supported by the current technical indicators, and the target price of $10.90 does not appear to be a realistic short-term goal based on the current technical state of the stock. It would be prudent to revise the entry and target prices based on the current technical conditions.