May. 15 at 2:42 PM
$COYA P&F chart update. These charts eliate alot of noise since it takes a considerbale amount of Selling/Buying to change from an "O" to an "X" (or vice versa).Coya had to go from
$4 It actually went lower than
$4) to
$4.75 to change columns. That's a 19% move.
Buyers/Demand are now in control which is denoted by "X" column which we just formed. This marks a chnage of hands form the selling we went tyhru, to buyers accumulating stock During this formation we also had higher lows, which is a good sign.
Ince we get to
$5.50 we will break the long term resistance line, and a double top break...that's 2 very Bullish signs. Our next diuble top isn't until
$7.50
Would not be surprised to see some consolidation after a very nice run up. Looking forward to the next move up which will break that resistance line. Company continues to deliver good news and with th elow float the stock can make some nice moves.
