ananasyum

Hot IPO that has cooled off. Ready for a trade.

Long
NASDAQ:NCNO   nCino, Inc
nCino - Market cap $6B - Hot IPO that has cooled off. Ready for a trade.

20 day MA is a weak support that might hold this time due to momentum and upcoming earnings . If 20 day MA holds, I'll expect the .6 fib to be our next ceiling. At that point, a new analysis is needed to see if you wish to hold through earnings .

Stop order around $69

I'm in @ $72.

By the way, great company prospects and earnings growth every quarter.