KozakHlib

$RAAS is giving a GREAT IPO LONG opportunity today

Long
NYSE:RAAS   Cloopen Group Holding Limited
IPO intraday trading strategy idea

Cloopen Group is the largest multi-capability cloud-based communications solution provider in China, as measured by revenues in 2019, according to the CIC report.

The share price is rising and gonna continue this trend today.

The demand for shares of the company still looks higher than the supply.

These and other conditions can cause a rise in the share price today.

So I opened a long position from $31,00;
stop-loss — $24,00;
take-profit — MOC price.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Trade active: take-profit set at 51,90
Trade closed: target reached

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