View: slopechart_COIN.jpg
slopechart_COIN.jpg
Coinbase update
Shadowtrader did a video about how to trade IPOs right around the time Coinbase made its debut. He spoke to the opening day high, low, open and close. I haven't touched this chart since.
One potential trade here if you were to follow his advice. It never broke the open or the initial high to signal a possible entry.
I suppose there is enough chart at this point to trade with other ideas in mind beyone what happened on the opening day. Speaking of which, $208 was the low back in May, and we are flirting with that again right now.
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