SamSuka
The Long Investor
The Long Investor

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$CPNG

During my morning scan this chart has caught my attention again, I have spoken about this position before because of how many superinvestors like it and continue to add to their positions over the last few quarters.

There is some consolidation now along the blue support line at $21, which is good to see as the price was range bound beneath $21.

If the price can continue to hold and break above the 50 and 200 Day MA's next at $23 and hold, then I believe the price action can continue moving higher to complete Wave 3 as shown at $32....with the Wave 5 target at $44.

$CPNG

Comments

This is an interesting one! Thanks for sharing

Ronnie

Finally! Thanks cap!!

DiegoTheSabre17


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