backtrick

Coupang breaking out of resistance

Long
BATS:CPNG   Coupang, Inc.
Coupang is breaking out of strong resistance that it has tested 4 times (now 5) in the past 18 months. Once it clears $20, expect it to retest the resistance band and flip it to support. Its next levels of resistance are $25 and $30 based on its previous crashing pattern. I expect this stock to reach $40 this year.
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