Man this is such a pretty setup. Everything is just perfect. Bout to breakout. RSI is building but nowhere oversold. Mac D is building momentum with no signs of exhaustion and bullish divergence on the monthly time frame. just wow. Just perfect.
Possible price targets on this asset. Easily 3x in time from what i'm seeing !!
Wow !! Coty looks great !!! On the monthly view we have a nice descending channel with triple mac D divergence and rsi bulllish divergence as well !! Just popped back above a support area and backtested. Getting ready to breakout of the channel ! Very nice !!
COTY looks as if it is ready to make another move..it is currently resting comfortably above the 300 day moving averages...also getting ready for a 300 day ema/sma cross...rsi is above 50 and macd is flattening out in positive territory...my target is $11.00 (60% gain from current price)...IT'S YOUR MONEY, DYOR
The first setup got invalidated and I got taken out by an obvious stop hunt... it happens. Now it seems ready to rally and we could see a follow through day now. I suggest using the low at 6.20 as a stop if you're more a risk averse type or previous days lows if you're a more aggressive trader. Price needs to break above this 6.9x zone first though.
This guy head faked us a couple weeks back. All good, been looking for a re-entry. Earnings coming soon. Anything above $6.90 and could this finally breakout to the upside? Watching tomorrow.
Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility. This pattern subdivide into 3-3-3-3-3 structures labeled as A,B,C,D,E. It is a continuation pattern that breaks in direction of the preceding move. It could occur in wave 4 in an impulsive structure, wave...
Looking for another potential entry point on $COTY after getting stopped out a couple of days ago. Thoughts?
Bull flag has formed on COTY. I will be watching price action in anticipation of COTY attempting another breakout of that top resistance line...If a breakout occurs we could see some bigtime upside to $12+....COTY will release its earnings on February 3rd and with all signs pointing to a beat, I believe this could be the catalyst for that breakout and big upside.
$COTY was my first losing trade of 2021. But I wanted to go back and see what happened when compared to my winning trade on $PLTR. As you can see both had great runs a few weeks prior. They both then consolidated, and bounced around the new volume shelf. On Friday however, one broke one way and one broke the other way. I would trade this setup again if it...
A Bull pennant has formed on COTY and looks like it will attempt a breakout soon... If breakout is confirmed I expect to see some major upside to the $12+ level... I will watch price action as it approaches bottom support line and if it reacts as I anticipate I will strongly consider buying mid-February expiration call options
Playing around with the video recording feature. $COTY Analysis.
Been holding this one a while now waiting for that next breakout. Should happen soon IMO.
Please note: I'm just sharing my view. its not a recommendation for buying or selling
COTY - This one seems like it might have finished wave e of (iv) so we can therefore look to buy and hold towards 9.55 at first as long as price remains above 6.5. Risk-reward is good so I see no reason to not be involved in this one.
Fibonacci following recent insider buys and averaging them out between lowest insider buys and highest insider buys. Very bullish input with 7 insider purchases in the month. These 7 buys divided by 4 different insiders. The average value divided among the 4 of them being close to 9.96$ Expecting Gap up Monday.
Bullish harami candlestick pattern, SAR parabolic confirmation, RSI repetition. Major trendline @$4.35 - $4.30, massive potential for a break on Thursday if earnings are at or above expectation.
Looking into monday trading, Sar confirmed parabolic uptrend at the end of Fridays session, RSI almost identical to last uptrend. Potential long entry for Monday. Just an idea, not financial advice.