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Coupang, Inc. Class ACoupang, Inc. Class ACoupang, Inc. Class A

Coupang, Inc. Class A

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CPNG | Oversold eCommerce Play | BounceCoupang, Inc. owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. It operates through two segments, Product Commerce and Growth Initiatives. The company sells various products and services in the categories of home goods and decor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. It also performs operations and support services in China, Singapore, Japan, Taiwan, and the United States. Coupang, Inc. was incorporated in 2010 and is headquartered in Seoul, South Korea.
NYSE:CPNGLong
by DivergenceSeeker
3
CPNG - inverse H&SThe techs are lining up quite nicely for CPNG so far with all 3 moving averages (20,50 and 200) about to cross up in the right order. A break up above the neckline @ 21.35 (esp with solid volume) will be a good buy point. However, it is probably prudent to test with small amount first and add if it pulls back to retest near the neckline (or pyramiding up is ok if overall momentum is strong). I will put initial stop loss just slightly below $19 and trail stops up if trade is working out. Take partial profits if it is able to reach around 26.5 (resistance there). Let's see if it works out! Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:CPNGLong
by Juliac
CPNG SHORT IDEACoupang, Inc. engages in operating e-commerce platform. It operates through the Product Commerce and Growth Initiatives segments. The Product Commerce segment provides core retail and marketplace offerings and Rocket Fresh, as well as advertising products associated with these offerings. The Growth Initiatives segment includes nascent offerings and services, including Coupang Eats, Coupang Play, international and fintech initiatives. The company was founded in 2010 and is headquartered in Seoul, South Korea. SENNA SEASON
NYSE:CPNGShort
by Bekiumuzi_Dube
3
There is no more catastrophic declineCongratulations. You've come a long way Investors Coupang made its first surplus in the EBITDA e-commerce category. It means that you're seeing a surplus in Coupang's rocket delivery (it's One of the core businesses) It also sounds to some extent like the bottom of the price is formed. In other words, we got a signal that the business is sustainable You don't have to worry too much about the devastating decline But if you're asking if it's a good company to invest in, it's not.
NYSE:CPNG
by JungMinNew
1