The Long Investor
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$CPNG
🕑 Added 2025-03-20 13:02:27 +0000 UTCDuring my morning scan this chart has caught my attention again, I have spoken about this position before because of how many superinvestors like it and continue to add to their positions over the last few quarters.
There is some consolidation now along the blue support line at $21, which is good to see as the price was range bound beneath $21.
If the price can continue to hold and break above the 50 and 200 Day MA's next at $23 and hold, then I believe the price action can continue moving higher to complete Wave 3 as shown at $32....with the Wave 5 target at $44.
Comments
Ronnie
This is an interesting one! Thanks for sharing
DiegoTheSabre17
Finally! Thanks cap!!
