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benzinga.com
187 days

Coinbase Stock Soars 108% In A Year – Here's What Charts Say Before Q4 Earnings - Coinbase Glb (NASDAQ:COIN)

1. Coinbase reports Q4 earnings on Thursday, expecting $1.81 EPS and $1.83 billion revenue. 2. COIN stock is up 108.5% over the past year and 13.8% YTD. 3. Technical indicators show bullish momentum, trading above key moving averages. 4. Analysts rate Coinbase as a 'Buy' with an average target of $330. 5. MACD indicates bearish momentum while RSI shows neutral conditions.

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FAQ

Why Bullish?

Strong expected earnings and analyst upgrades can drive COIN prices higher. Previous earnings surprises have led to upward price adjustments.

How important is it?

Earnings reports are critical for stock valuations and can significantly influence investor perception. Strong performance could attract further investments in COIN.

Why Short Term?

Earnings report impacts are typically felt immediately; however, longer-term trends depend on sustained performance. Short-term trading surrounding earnings can lead to volatility.

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