Ben_1148x2

CPNG - ready for wave 2?

Long
NYSE:CPNG   Coupang, Inc.
Looked at this after seeing it on Druckenmillers 13f. It will likely reject at the AVWAP from the August 2023 high, but momentum indicators have turned bullish. Note the purple AVWAP from IPO overhead trending toward ~20.50, which coincides with consensus 12mo price targets

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