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On $COMP hitting $10 by month end
Been looking at $COMP's price action the last few days, especially the inability to hold any gains above $12. We're at $12 right now, after a failed attempt to push higher. I'd put the odds of it hitting $10 before the end of May at around 60%. The general market sentiment isn't helping, and there's no strong catalyst in sight to break it out of this range. If it breaks below $11.50, that next leg down to $10 looks almost inevitable.
1 comments · 1 points
I'm with you on the $10 target for $COMP; 60% might even be conservative given the current market and lack of a clear upside catalyst. That $11.50 break would confirm it for sure.