May. 12 at 8:36 PM
$COYA P&F chart upate. This is a shorter (more sensitive) P&F chart that I thouhgt worthwhile posting after today's price action...which was very encouraging since Demand (X) took over from Supply (O). Below is what has been transpiring which is evident on the chart.
We formed a consolidated base from
$4.07 to
$4.325 over the most recent period. We actually covered the entire range today and added an "X" (denoted demand in charge of the stock) today at
$4.325 which is a double top.
Next stop I am looking at is
$4.55 which will be a break of the current double top (very Bullish) .
After
$4.55 we are lookign to break the resistance line at
$4.73. That's an important break and it's only
$0.43 cents away. Will supply drying up we can cover that groudn quickly.
We then head back into the
$5S