COCP and playing the setup
Buy Shares Strategy -
Buy COCP @ $0.44
RISK 4.7% -> Stop Loss $0.4193
TARGET 1 Reward: +4.7% $0.4607
TARGET 2 Reward: +11.4% $0.4900
Looking to break out of this nice wedge; RSI is looking good, STOCHASTIC is trending neutral however.
8 EMA about to cross the 34 EMA, hoping to catch the move before liftoff, with preplanned risk (stop loss) in effect.
Volume is lacking, needs more volume for the push.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
Buy COCP @ $0.44
RISK 4.7% -> Stop Loss $0.4193
TARGET 1 Reward: +4.7% $0.4607
TARGET 2 Reward: +11.4% $0.4900
Looking to break out of this nice wedge; RSI is looking good, STOCHASTIC is trending neutral however.
8 EMA about to cross the 34 EMA, hoping to catch the move before liftoff, with preplanned risk (stop loss) in effect.
Volume is lacking, needs more volume for the push.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.