Cope
Long
Updated

HIGH R/R LONG PLAY

201
Cope recently rejected from monthly resistance above 5$. Currently coiling after sweeping previous lows and support levels. Scaling long here looking for a rebound and retest of monthly resistance, using wide stops considering cope is highly illiquid. Looking for 200% upside, stops set at -30%.
Note
Resting at 2.2 resistance flipped support. If this level holds continuation is very likely. First TP still at 5 Dollars.

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