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SnarkyPuppy
Apr 16, 2021 3:41 AM

The ICO rule: a case study. "Buy 50% from the IPO high" 

Coinbase Global, Inc.NASDAQ

Description

Fun to see what will happen. This IPO rule says don't trade hyped IPO's until the chart retraces 50% from IPO open price OR 50% from the initial IPO pump high.

We'll watch this chart to see if Coinbase COIN plays along these rules even though we are in a crypto bull market.
Comments
muddler007
Exactly what I was thinking. If Btc would have been running today I was gonna buys calls if the banks tanked
WKMAnalytics
Nailed it
AvenueWork
Great work, expecting some ranging. Long timeframe
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