Transcription
Hello friends, so fresh upside is visible on the current price chart of CUPR or Caprina Holdings.
But, while looking at the overall price chart, it is clearly visible that this particular stock is extremely volatile. So, even we are going to talk about the fresh upside, that is one thing, but you must also have to consider the fact that these kind of stocks are extremely volatile, which is clearly visible, and it is mandatory for the stock to keep on trading and sustaining above the support and the stop loss.
So, right now we are we have our support at three and stop loss at 2.27, and we have 5.56 as our target or resistance. So, you have to remain within this range because this is what is active for the time being.
If you want to go beyond 5.56 or more than that, definitely requires further breakout, and only if this particular stocks are pass and sustain above 5.56 or more, then in that case, we are going to have our next couple of targets, which will only become active when the stock started trading and sustaining above 5.6 or beyond, in which case you will definitely see a move towards 9.75, which will be your immediate target. We have 14.3, and we also have 20 to be looked at, but over a period of time.
So, we do have some big possibilities, but what is active right now is only this part. If you want to go beyond 5.56, wait for the breakout. After 5.56, we have 9.75, then we do have an extension towards 14 and 20.
Also, you must recognize the fact that because of the very high volatility, even if this particular stock moves higher, it's not going to give you any kind of sustainability. And you must also know how to deal with sudden volatility, which is clearly visible as far as the overall price chart is concerned.
So, yes, we do have an opportunity, but the risk is also big. This is the end of the video. Thanks for watching.