CPNG is resting on a critical support zone

Aug 10

CPNG is resting on a critical support zone.

While I remain bullish on this asset, I have been watching it fall in price for the past three weeks in a row.

A break below this current level may send this stock further downhill. However, if this level remains strong, the push-up might start from here.

I am bullish on this stock long-term and mid-term, and I will start buying using DCA from here.

This is the Amazon of South Korea, with massive growth potential because of the excellent services it offers

My thoughts are on the chart

Aug 13

Note

Entry activated and it is green now

Sep 10

Trade active

Trade is at the Resistance trendline based on the channel.

exit in protit or continue to hold