My long idea Coinbase, and also far and away the biggest winner of my long portfolio, is Coinbase (symbol COIN). The inverted head and shoulders is actually comprised of another, smaller H&S, and this sucker has been a powerhouse of higher highs and higher lows. As I was typing this, I noticed that BTC has lurched to a new high, which is bound to goose these gains.
The longer-term picture shows that COIN, once one of the worst stocks in the world, has almost completed healed itself. I strongly suspect that, once profit-taking kicks in, it’ll take the stock back down to its horizontal.
