$COIN Retesting Breakout Area?There is a lot to like about this NASDAQ:COIN chart. First, it has had a long stage one base (about a year). It seems to have established an area of resistance during that basing period. Then on July 11, 2023, it broke-out with big volume, retested the next day the then on July 13th it had the biggest volume day since May 2022. Since that breakout it has consolidated and pulled back to the breakout area on lesser volume. I have no idea if it will take off again, but I like the prospects. See notes on chart for my thought process.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.