my experience with the coconut chips is that they can easily become too waterlogged and kill off the roots. they are alright in a mixture with bark and other items, but they do break down quickly to a point where they act as a sponge. if you leave them sitting in a puddle of water they will slowly absorb the water and become soggy. they may be more appropriate for phraggs or ochids that like to stay more wet. otherwise be careful not to over water. this is probably a 'plug' orchid, which means it was grown in an almost 'semi-hydro' environment as a seedling, and once flowering sized sold off en mass. many of these have a hard time adjusting to normal bark mixes, and will do ok in the coco chips if you very carefully monitor them. once a new growth starts with fresh new actively growing roots, i would repot into a bark mix with a little moss for moisture retention.