W.R. Grace, GRA, chart with price targets

GRA daily Jan 27th

GRA (W.R. Grace & Co) looks to offer an objective short entry following this recent break below the lower-most of three parallel uptrend lines.  T2 is my preferred target at this time although that may likely be extended soon.  The first target (T1) is 85.91 with three additional targets shown on this chart (suggested buy-to-cover levels to follow).  Stops should be commensurate with one’s preferred target(s), ideally using an R/R ratio of 3:1 or better.  Click here to view the live chart of GRA