MISSED $COHR WHEN I BOUGHT? IT'S SITTING ON WEEKLY SUPPORT AND GIVING YOU A SECOND CHANCE 👀
Still up 31% from the Nov 5 close when I bought, and now it's back on the levels that matter:
🔵 Weekly support at 220.68, the Jul 29 low, with the Oct 20 low at 217.83 right under it
🔵 Downtrend line from the October high, broken on the Nov 11 close. Retest near 219
🟡 EMA 20 at 226.54
It's 222.14 overnight, less than 1% above that support. I'm expecting a bounce off here 🔑
If it holds, I see room back toward 400 over time 🚀
❌ Wrong on a daily close under 200
Taking the second chance or waiting again? 👇
#stocks
Still up 31% from the Nov 5 close when I bought, and now it's back on the levels that matter:
🔵 Weekly support at 220.68, the Jul 29 low, with the Oct 20 low at 217.83 right under it
🔵 Downtrend line from the October high, broken on the Nov 11 close. Retest near 219
🟡 EMA 20 at 226.54
It's 222.14 overnight, less than 1% above that support. I'm expecting a bounce off here 🔑
If it holds, I see room back toward 400 over time 🚀
❌ Wrong on a daily close under 200
Taking the second chance or waiting again? 👇
#stocks
