Fundamentals:
From a speculative outlook, the fundamentals on Coinbase do not fully meet my criteria, but this IPO's balance sheet is projected to continue its acceleration in sales. Currently, this quarter's sales were at 52%; earnings over 142%.
Technicals:
Daily hammer at horizontal support with really high volume relative to other periods and days at or candles prior to this and around it.
uHd in the histogram
Based on what I perceive to be a bottom in the Coinbase valley, I look to add Coinbase's dividend paying ETF, CONY, to the portfolio.
From a speculative outlook, the fundamentals on Coinbase do not fully meet my criteria, but this IPO's balance sheet is projected to continue its acceleration in sales. Currently, this quarter's sales were at 52%; earnings over 142%.
Technicals:
Daily hammer at horizontal support with really high volume relative to other periods and days at or candles prior to this and around it.
uHd in the histogram
Based on what I perceive to be a bottom in the Coinbase valley, I look to add Coinbase's dividend paying ETF, CONY, to the portfolio.
Comment:
CONY is an ETF based on COI?N, paying a monthly dividend. I have invested in CONY based on the price pattern of COIN. Here is a daily chart of CONY:
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.