This is NOT to long entry level. Earnings today After Market Close. Risky business to buy today.
Mid cup is 243.45. I do not see an area of consolidation or a recent horizontal trading range to call a handle. It does seem that most do come down to form a handle, eventually, but price can also break out without a handle as well. Looks like COUP hit a bottom...
Gap from 254 to 259, Gulaged on an ER beat and about 30% off ATH of 380 in February. MACD crossover a few days ago & had its first close over the 50ema since march on Friday. RSI bullish divergence as well.
$COUP Analysts didn't seem to react well to earnings but their YOY growth is impressive and forward-looking I expect a lot more upside from here. The relative volume is elevated and current volume increasing. We break $245 this will gain steam and fast.
Another earnings shot, I bought a put contract for next week on open. Coup always has a delayed reaction to a market gap down, so I've already got some cushion.
I don't think it matters if they beat or not, no revenue growth projected this quarter, this is headed to pre-COVID levels. It's toast if it breaks support at $220. You can see that funds are giving up on it.
Noticed an expanded flat. I got the drop I wanted after earnings and I also got an LDC after the earnings drop. I can therefore conclude its time to buy calls.
If you like what you see why not support us?
COUP is forming a rounding formation back towards resistance around the 296 area. Expecting this to play with tech strength. Currently alot of tech names are over extended and this one seems to be lagging. Looking for this to continue an upward trend with moving averages guiding it as support. Its currently sitting right on the moving averages as they curl upward.
$COUP has broken what I believe to be a significant trend.
- Challenging the 20 SMA / 21 EMA
- Tons of upside room in the bands.
- Right on Pivot at 261-262.
Love a backtest to till the gap to the low side for great entry. Watching for this to also close upper gap & clear 270 to really move.
COUP has almost done its smaller degree wave (A)(B)(C) flat pattern correction, and the rebound is expected to happen soon.
However it is predicted COUP will be subjected to complex correction to eventually target minimal to approximately USD158 or worst to USD98 ballpark values before correction end. Therefore, a complex correction is predicted.
I like this name and have had some success in trading $COUP in the past. Looks to me like it may be ready to breakout. Of course we need a good market. I have an alert set at the top line of resistance. If it can break that with some volume I'll be looking for a long entry. Ideas, not investing / trading advice.
Hey investors, COUPA SOFTWARE INCORPORATED is in a bullish configuration with large trading volume traded and murubozu form. Looking at the TIMEFRAME M1 we notice a marubozu with a large volume of purchases made. It came to check the top of the comfort zone. There is a great chance of breaking out the price at the same time the area to get to the one above and get...
We have Coupa Software expecting to climb to 388$ - 400$ levels from breaking up a sided trend and also it is starting a Fibonacci projection. Right now COUP is in a bullish trend and I hope it can achieve this goal.