1. Probable break out of resistance zone. Consolidation. 2. Inverse candles Triangle Break out. Consolidating at lower side of triangle DYOR. Just my look at different inverse look.
The PEAD projected a Bullish outlook for $CPNG after a Positive Under reaction following its earnings release placing the stock in drift A.
$CPNG have been stalking this for several weeks. bottomed and RS since May. remains in consolidated range for over past 3 months yet recapturing all over its key moving averages. leadership price action over its industry peers $BABA, $AMZN, $SE a decent setup on the weekly
1. MONTHLY chart has stacking 'inverse hammers' 2. WEEKLY chart - solid double top formed 3. DAILY chart - nice selling that broke the MONTHLY-WEEKLY opens 4. last 3 days pennant forming (nice compression) I like this setting up for a breakdown...the next close below 15.83 will probably send this down to 12
The techs are lining up quite nicely for CPNG so far with all 3 moving averages (20,50 and 200) about to cross up in the right order. A break up above the neckline @ 21.35 (esp with solid volume) will be a good buy point. However, it is probably prudent to test with small amount first and add if it pulls back to retest near the neckline (or pyramiding up is ok...
Coupang stock is making falling wedge Yes, He will be back !!!
1. Classical pattern "cup and handle" substantiated by WT_LB and CM Williams.
Hello dear Traders, Here is my idea for #CPNG Price closed on daily chart below yellow trigger line (previous month low) - Trade active. Targets marked in the chart (black lines) Invalidation level marked with red line Please feel free to ask any question in comments. I will try to answer all! Thank you
Coupang, Inc. engages in operating e-commerce platform. It operates through the Product Commerce and Growth Initiatives segments. The Product Commerce segment provides core retail and marketplace offerings and Rocket Fresh, as well as advertising products associated with these offerings. The Growth Initiatives segment includes nascent offerings and services,...
Since the stock is at a good support that was created just before their earnings, the stock might go up to 19.6 and then fall back(primarily due to global data). Considering the company is expanding Financing, OTT, fresh, owning the supplychain, logistics. They have a good potential to grow. Disclosure: I own this stock in my investment portfolio, it looks...
CPNG could be set up to take off again for their next earnings call. Last earnings release stock ran up 90%.
Congratulations. You've come a long way Investors Coupang made its first surplus in the EBITDA e-commerce category. It means that you're seeing a surplus in Coupang's rocket delivery (it's One of the core businesses) It also sounds to some extent like the bottom of the price is formed. In other words, we got a signal that the business is sustainable You don't...
Coupang is a South Korean e-commerce company based in Seoul, South Korea, and incorporated in Delaware, United States. Founded in 2010 by Bom Kim, the company expanded to become the largest online marketplace in South Korea. Coupang broke through $14 on very good volume. If that $14 level holds, then $18.77 looks like a possible target.
Strategy: 1. Wait until closed above $28 on daily timeframe 2. Potential falling wedge breakout. Trading at upper side. 3. MACD Divergence (daily)
Bullish diverge on increasing volume. Time to DCA into coupang
Wolf wave targeting 30$ , the top of wave 4 . Price =21.3$ Stop loss = 18.11$ Risk=3.19$ Profit = 8.7$ target expected to reach by 5 may 2022 as God well .
NYSE:CPNG All of the positive indicators are combining for this underestimated stock: 1. The stock price candle of Feb 28 breaks out of the downtrending channel by more than 3% for the first time since Jul 2021. 2. Moving average of 7 days is just about to cross above the MA of 20 days 3. Volume increase as the price increases “MOMENTUM” 4. Clear Cup and Handle...
1. Test downtrend at $24. Certainly will be rejected. 2. After that get $21 tested as a support level. 3. Most probably we will get to $12.5 4. Trading strategy: a) Wait for a breakout from this falling wedge. Most probably after we get to $12.5. b) Fundamentally assess how Q4 results have been affected by the pricing change in subscription fee and most...