Monolithic Trading

[JohnCM]

Coinbase (COIN)

Confirmed reversal?

I had pointed out a price point of $240. Well, we may have touched $240 for 5 minutes but it was not pierced. And, obviously, $240 was not good enough to confirm a reversal.

I am throwing out $245.00.

We are in the low $220's.

If COIN hits $245.00, I'll go ahead and call a "confirmed reversal" or a 15% gain from the 52 week low of $208.00.