Coinbase & SunRun Present Buy Opportunities
Check out COIN & RUN.
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Coinbase · COIN
COIN gapped up above the downward trend line and the 200-day moving average.
Here is the PIMM Trading System review:
P: Good. The price is above the dot in the daily and weekly charts.
I: Good. The price is above the cloud in both the daily and weekly charts.
M: Good. The values are positive and the lines are sloping up.
M: Good. The price is above the 50-day and 200-day moving averages.
Analysis: COIN is finally showing a change in character. It seems to be following the altcoins instead of Bitcoin’s move.
SunRun · RUN
RUN has gapped up three out of the past four days.
Here is the PIMM Trading System review:
P: Good. The price is above the dot in both the daily and weekly charts.
I: Promising. The price is above the cloud in the daily chart, but below it in the weekly chart.
M: Good. The values are positive and the lines are sloping up.
M: Promising. The price is above the 50-day moving average, but it finished right at the 200-day.
Analysis: RUN had a good reaction to earnings these past four days. The price is trying to stay above the 200-day moving average. It needs to stay above it to confirm its strength.
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Disclaimer: The author is not a financial advisor. The information provided herein is not financial advice and should not be construed as such. This content is intended solely for educational purposes. The author will not be held liable if you decide to used this material as a basis for any financial decision-making. Investing involves risk, including the potential loss of your invested capital. Only invest what you are willing and able to lose.