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Thursday, 05/24/2018 8:53:35 AM

Thursday, May 24, 2018 8:53:35 AM

Post# of 114698
COHO story only just starting! (read article)

Ludlow Research, an equity research firm out of New York City, issued an alert to their subscribers stating that any recent pullback in COHO price could offer a more attractive opportunity for traders looking to get into this cloud computing play.

The research firm made note that COHO impressive run up on high volume during the past month may have gotten a bit extended with the RSI hitting 80, and that the stock was overdue for a retracement back to retest key trendline support and moving averages.

In their opinion, any entry from $0.0009 to $0.0013, or just above the 20-day moving average, would offer a more reasonable entry point based as chart technicals. It’s their opinion the acquisition of the cloud company, which is expected to close around May 31st, and prospect for additional news in early June means that COHO story may only just be beginning.

Ludlow Research is expected to provide more detailed research report on this company following the acquisition through their investor mailing list at https://ludlowresearch.com/investors




http://wallstreetnewscast.com/coho-0523/

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