COE It had it's spike, got dumped. Now we see if it continues...

COE
It had it's spike, got dumped.
Now we see if it continues its trend
and breaks the .385 and holds.
It got sold alot at the spike,
and then sold down even further from previous supply.
Profit taking for some after the nice run.

See on the one year nice upward trend,
but from high mid Dec flattening out ( .0385 )
So will be interesting to see if it continues to set higher high other than the spike.
Still has higher low so trend intact, for the moment.

Even the weekly is going sideways atm.
Weekly also spinning top / hammer, can be trend change, at minimum indecision.

Big volume distributed on that last spike at higher prices that will need to work through if short termers.
Hard one to say, seems at inflection point / crossroad.
May want to just go sideways and consolidate for a while?

imo