BIT:COBO - Euronext Milan - IE00BFNNN236 - ETF - Currency: EUR
Overall COBO gets a technical rating of 2 out of 10. COBO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, COBO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 83.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.62, a Stop Loss order could be placed below this zone.
78.52
We found 2 important support areas.
We found 1 important resistance area.
BIT:COBO (4/28/2025, 4:00:29 PM)
84
+0.23 (+0.27%)