$ZI a potential IPO runner

NASDAQ:ZI   ZoomInfo Technologies Inc
I have been watching several IPOs lately, some tend to fall 50%, hover around there and took off. Some like to immediately climb up, then retrace 50%, hover around and then take off.

The latter group tend to form this W pattern on the weekly or daily, once the middle neck of the W is broken, the IPO tend to make a strong bull run (if it is in a popular tech industry like this one)

I will probably initiate a position soon, once I see some black or red day have its high broken