Bull Pennant on COTY: BREAKOUT= MAJOR UPSIDEA Bull pennant has formed on COTY and looks like it will attempt a breakout soon... If breakout is confirmed I expect to see some major upside to the $12+ level... I will watch price action as it approaches bottom support line and if it reacts as I anticipate I will strongly consider buying mid-February expiration call options
COTY trade ideas
$COTY - BummerWell, didn't break how I wanted it too. Moving on. Hit my stop loss. Ironically my other hold PLTR was almost the exact same setup, and broke like I expected it to today. You can't win them all.
For $COTY, if you're still holding, I would now watch out for those gaps it could fill on the way down. I'll keep an eye for a potential future entry.
COTY Long projectionFibonacci following recent insider buys and averaging them out between lowest insider buys and highest insider buys. Very bullish input with 7 insider purchases in the month.
These 7 buys divided by 4 different insiders.
The average value divided among the 4 of them being close to 9.96$
Expecting Gap up Monday.
long position Declining wedge on weekly chart with red line secondary wedge. Breakout has lead to nice rallies with upper line strong resistance. Just recently broken out of red line on very nice volume lead to impressive gains. 9 ema bullish crossover has lead to very significant gains most of the times as shown with price rage. We have multiple bullish divergences on rsi. Stock is owned by VC/PE firms 60% and only 13.9% general public. Insider buying is continuing. Please like or comment..
Thanks for Reading