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Jun 14, 2019 6:56 PM

FIVERR INTERNATIONAL LTD - RISK REWARD 11.25  Short

Fiverr International Ltd.NYSE

Description

Target : 15.29
Stop loss : 36.11
Very risky trade.

Trade active

Please take profit ! 17% since our entry.! Move your stop loss in profit at $32.

Trade active

Take profit at $23.15 ( another 19% profit ) . Move stop loss in profit at $26.80
Comments
traderjoess
I opened my short at 41$
plusplus
@traderjoess, Very nice entry!
PaulDeep19131
IMHO this stock will follow a very similar pattern to Revolve. I expect Fiverr to drop down to about $31-33 then develop a deep valley next week and likely be over 45.00 by next month.

Almost all the IPOs that have succeeded in the near short-term have had tough subsequent 5-10 days after their initial peak, including ZM and BYND.
plusplus
@zSplit, Thank you for information! I will check Revolve. We will see what happens
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