Technical Analysis Day Trading Opportunities: COIN
February 20th, 2008 by Cameron FousBeen watching COIN consolidate for the last couple weeks since our past successful Day Trade short for a 10.19% in one day. Currently price is forming a nice looking ascending triangle formation which could bust out to the upside with a trigger buy price on a break above $11 resistance. If this occurs I want to enter a long position for a short term trade as this breakout could trigger a strong swing near 13 - 14/ share.
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