Chart Patterns & Algorithmic Trader (Jan. 28, '20) (53)
COUP Rectangle Channel Pattern
s
Reviewed in CPAT 8/17/20
Coupa Software Inc (COUP) is trading in a rectangle chart pattern on its
daily chart above upper trendline $319.55. A long trade may be entered if
price breaks above the upper trendline with a stop below the mid-channel
level $301.88 and vice-versa. Breakout targets are: $337.2 to $354.9.
Breakdown targets are: $266.5 to $248.9.
www.surinotes.com