Every stock needs a news trigger to surge. Sometimes, the news drives up excitement about something new, and sometimes, the news gives enormous relief to the company weighed down by it. Here’s one stock that has struggled for months despite everything +ve due to one issue. Today, it got relief, and this might drive the stock higher.
The stock is Coinbase
News: The Securities and Exchange Commission is ready to drop its lawsuit against the company.
Coinbase is up 4% this morning from 100 dma and the stock can easily rally back to 340.
Chart Source: Finviz.com
Please do your own due diligence before trading
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