$COUR long at $5.80?

Coursera has been correcting ever since it IPOed. It hit a high of $60 and now it's declined nearly 90%.

Based on the chart, it looks like the downtrend should be ending soon. I'd like to see backtest of that trend line break at around $5.80 and a push higher to start the new bull trend.

Think we'll likely see that $19 resistance get tagged after this chart bottoms so roughly 3x upside from the bottom.

COURcourseraSupport and ResistanceTrend AnalysisTrend Lines

Also on:

Disclaimer