Coup has been consolidating since 07/10/2020 but has a 200% run up since the covid bottom. Usually would buy when it breaks out to a new 52 week high but a shake out is needed. Would like to see the 10WMA (10 Week Moving Average) undercut then the price of the stock to keep going from there. Potential early buy at $276 but would wait for a retracement, which could all happen in one day.
Comment:
COUP hit it's 10WMA moving average at 283.5. This stock has a profit target of 396.25.
Learn more on Stocks Over Coffee Podcast
All ideas are for information purposes only. I may or may not invest in the stocks discussed.
All ideas are for information purposes only. I may or may not invest in the stocks discussed.