Shift to Sustainable Profitability: Coupang's focus on sustainable profitability has yielded positive results, with robust financial performance in 2023 driven by significant revenue growth and substantial net profit. Subscription Service Enhancement: Recent price increases for Coupang Wow subscription service are expected to further boost profitability,...
South Korea's e-commerce titan, Coupang ( NYSE:CPNG ), soared to new heights today following news of a membership fee increase. With a staggering 12% surge in recent trading, Coupang's ( NYSE:CPNG ) stock rocketed to $21.38, marking an impressive leap from its previous levels. This bullish momentum underscores the company's robust start to the year, with a nearly...
Analyzing the options chain and the chart patterns of CPNG Coupang prior to the earnings report this week, I would consider purchasing the 16.40usd strike price Puts with an expiration date of 2023-11-17, for a premium of approximately $0.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Price coiling above 200DMA on a 7x volume. Yesterday's reversal was very timely. now it needs to push to 20 and again base there for a breakout to test 27 where sellers would show up. Plenty of time to get in. test of 20 and breakout will provide bigger R/R as nervous sellers could put downward pressure below. Disclaimer: Long via commons at 16.63
Coupang, Inc. owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. It operates through two segments, Product Commerce and Growth Initiatives. The company sells various products and services in the categories of home goods and decor products, apparel, beauty products, fresh food and groceries,...
$CPNG have been stalking this for several weeks. bottomed and RS since May. remains in consolidated range for over past 3 months yet recapturing all over its key moving averages. leadership price action over its industry peers $BABA, $AMZN, $SE a decent setup on the weekly
Since the stock is at a good support that was created just before their earnings, the stock might go up to 19.6 and then fall back(primarily due to global data). Considering the company is expanding Financing, OTT, fresh, owning the supplychain, logistics. They have a good potential to grow. Disclosure: I own this stock in my investment portfolio, it looks...
NYSE:CPNG All of the positive indicators are combining for this underestimated stock: 1. The stock price candle of Feb 28 breaks out of the downtrending channel by more than 3% for the first time since Jul 2021. 2. Moving average of 7 days is just about to cross above the MA of 20 days 3. Volume increase as the price increases “MOMENTUM” 4. Clear Cup and Handle...
Now we can see how CPNG is being trending bearish since a short to medium term. This stock can not get a break even when the market was bullish. The main reason is back to the stock strict obedience to the downtrending Parallel Channel. The stock NEEDS a strong momentum to break this channel up. Summary, now the price is touching the middle line of the channel and...
www.tradingview.com This is my Watch List for all the stocks in my 200 list that are popping the cloud. Red Flag means already has a green Candle and either ready to go or watiing for a solid green candle with no wick to signal your in. No flag means red or in the cloud and waiting for Green Candle No Wick to close outside of the cloud to signal. These are...
Now we See the Price is Trading in Support with High Volume Must Now Trading above the support price to make a good spring NYSE:CPNG
NYSE:CPNG 60 m chart for CPNG i think the price will go to T1 & T2 Good Luck
NYSE:CPNG we hope the price don't go down the all time low today just wait & HODL
NYSE:CPNG Weekly chart We Have B2 After we close above 32.10 i think he will close above 32.10 this week Regards,
Why: Warren Buffet and Bill Gates moved most if not all of their stocks out of tech and into other Sectors....At the bottom of the list of their stocks they heavily invested in was this stock...I found it odd out of the bunch it was the only one I didnt recognize. So it peaked my interest. From what I gather its kind of like the Chinese AMZN but smaller. Taking...
NYSE:CPNG Still on breakout trend. But it looks weak. Needs some volume and green candle for momentum for a "GO"