COTY Potential long position

Updated
Will be looking for an entry around $6-low $7
Looks like a lot of the bottom was bought up on the daily and bounced of the 50ma.
I would like to see a break of $8 then I think $10 should come soon.
Will be watching to see if there is a bull market.
Note
For now will be looking to see if the 50ma holds
Moving AveragesParallel ChannelSupply and Demand

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