Key Takeaways Coinbase shares soared 24% on Tuesday following news the cryptocurrency exchange will be added to the S&P 500.The stock forged an inverse head and shoulders pattern on the chart between March and May,

Shares of Coinbase Global ( COIN 24.38%) surged 23.8% higher at 2:30 p.m. ET on Tuesday, May 13. The operator of the leading cryptocurrency exchange in America will join the S&P 500 market index on its next update, scheduled for May 19.

We recently compiled a list of the 10 Stocks Analysts Are Upgrading Today. In this article, we are going to take a look at where Coinbase Global, Inc.