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Coupang, Inc.Coupang, Inc.Coupang, Inc.

Coupang, Inc.

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CPNG trade ideas

CPNG - inverse H&SThe techs are lining up quite nicely for CPNG so far with all 3 moving averages (20,50 and 200) about to cross up in the right order. A break up above the neckline @ 21.35 (esp with solid volume) will be a good buy point. However, it is probably prudent to test with small amount first and add if it pulls back to retest near the neckline (or pyramiding up is ok if overall momentum is strong). I will put initial stop loss just slightly below $19 and trail stops up if trade is working out. Take partial profits if it is able to reach around 26.5 (resistance there). Let's see if it works out! Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:CPNGLong
by Juliac
CPNG SHORT IDEACoupang, Inc. engages in operating e-commerce platform. It operates through the Product Commerce and Growth Initiatives segments. The Product Commerce segment provides core retail and marketplace offerings and Rocket Fresh, as well as advertising products associated with these offerings. The Growth Initiatives segment includes nascent offerings and services, including Coupang Eats, Coupang Play, international and fintech initiatives. The company was founded in 2010 and is headquartered in Seoul, South Korea. SENNA SEASON
NYSE:CPNGShort
by Bekiumuzi_Dube
3
There is no more catastrophic declineCongratulations. You've come a long way Investors Coupang made its first surplus in the EBITDA e-commerce category. It means that you're seeing a surplus in Coupang's rocket delivery (it's One of the core businesses) It also sounds to some extent like the bottom of the price is formed. In other words, we got a signal that the business is sustainable You don't have to worry too much about the devastating decline But if you're asking if it's a good company to invest in, it's not.
NYSE:CPNG
by JungMinNew
1
$CPNG FINALLY BREAKS-OUT of the Downtrending ChannelNYSE:CPNG All of the positive indicators are combining for this underestimated stock: 1. The stock price candle of Feb 28 breaks out of the downtrending channel by more than 3% for the first time since Jul 2021. 2. Moving average of 7 days is just about to cross above the MA of 20 days 3. Volume increase as the price increases “MOMENTUM” 4. Clear Cup and Handle chart pattern is formed indicating a technical price target of $30 5. MACD cross up to the positive side above zero line. ** Technical Analysis CPNG next price target is 30.05 in the short period of time** Hopefully the actual Q4 earnings meets or even beats its consensus earnings estimate, which could positively impact the price of the stock in the short term.
NYSE:CPNGLong
by awrrfe6gby
2
Coupang. Wedge breakout scenarios1. Test downtrend at $24. Certainly will be rejected. 2. After that get $21 tested as a support level. 3. Most probably we will get to $12.5 4. Trading strategy: a) Wait for a breakout from this falling wedge. Most probably after we get to $12.5. b) Fundamentally assess how Q4 results have been affected by the pricing change in subscription fee and most importantly assess how this affected the quantity of active users. c) Accumulate $14-$10 and consider this as an investment idea only.
NYSE:CPNGShort
by Askhat_Kulchiyev
7
CPNG Downtrend Channel Now we can see how CPNG is being trending bearish since a short to medium term. This stock can not get a break even when the market was bullish. The main reason is back to the stock strict obedience to the downtrending Parallel Channel. The stock NEEDS a strong momentum to break this channel up. Summary, now the price is touching the middle line of the channel and breaking the descending trend line for the first time. The stock should respect the middle line of the parallel channel(should not break 20.88). Otherwise we will see the 17 easily. ***This is a fundamental, pure technical analysis, should NOT to be taken as a financial advice ever.***
NYSE:CPNGShort
by awrrfe6gby
3