$COTI is down 85 points from its high. That number has been sitting in your account for nearly half a year, and you haven’t dared to look at it closely in a long time.
Lately, a few things on the chart have changed.
It’s been slammed down three times, and each time it stopped above 0.00921—it hasn’t truly broken through once. The volume on the latest new low was more than 20% lower than the previous one. The selling pressure is easing. The gap left below from earlier has been revisited, and there’s support underneath.
It’s still weak. It can’t reclaim 0.00930, and any rise can only be called a rebound.
I can’t guarantee anything, but I’m not selling either. If you’re still holding, don’t rush to blame yourself.
Lately, a few things on the chart have changed.
It’s been slammed down three times, and each time it stopped above 0.00921—it hasn’t truly broken through once. The volume on the latest new low was more than 20% lower than the previous one. The selling pressure is easing. The gap left below from earlier has been revisited, and there’s support underneath.
It’s still weak. It can’t reclaim 0.00930, and any rise can only be called a rebound.
I can’t guarantee anything, but I’m not selling either. If you’re still holding, don’t rush to blame yourself.
