COTI. Room for upside?
Chartwise COTI looks reasonable. Price is respecting the ascending supportline, despite the market correction yesterday. As long as RSI can stay up/above 50 it looks like price can move upwards pretty easy. Only thing that concerns me is the A/D divergence from price. This indicates COTI is (heavily) distributed which can indicate price is held down (artificially). As long as distribution remains elevated, i expect price to remain suppressed.
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