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...
Coursera (NYSE: NYSE:COUR ) has found itself at a crossroads in the ever-evolving landscape of the education technology industry. A significant market decline ensued after Goldman Sachs analyst Eric Sheridan downgraded the company, expressing concerns about the potential impact of generative AI technologies on the education sector. This downgrade, coupled with...
I took a decent profit form this trade Now, this bearish divergence is signaling that it may need more time to form a new base to continue its uptrend I will be watching this one as is still outperforming.
Coursera develops online education and learning platform designed to offer online courses, certifications and degrees. It stands as 2nd in the IBD Industry Group Rank with a 93 relative strength rating, this means leadership. Is also good to see that the ratio against NASDAQ:EDUT ; the industry bechmark, already broke out to new highs. If it can breakout above...
Earning should help to pump this little bit... trend still down but it should change sooner or later
Looks like it wants to hit 45 again. But it must stay above 36 for it to happen. Looks bullish.
The 1st trade setup after IPO is always worth noticing, especially in a name with lots of imagination. I would love to wait for the 47 spot of COUR to build some long position. Let's see how it goes yo!