Vibranium_Capital

another recent IPO? the usually dont end well :S

Short
NYSE:PSFE   Paysafe Limited
very nice downtrend channel that confirms this still is still in a bearish wavem decent risk reward if we add puts here with stop loss around 11, look for a dump to 8.8-9.5 in short term. do not forget to secure profits where you see them. you guys know how i feel about recent IPOs , 80% of the time or more they pump at the start and the go bearish for a long time, months to years. I prefer to go long on more established and bigger companies. but this is just my personal preference. good luck! like and follow for more <3
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