Key points: 1. Incoming triangle breakout reversal of downtrend 2. 50% of free float was traded in the last days, who else is left to sell????? 3. I do not think that insiders, private equities and VCs want to sell at $9, after the lock up period. 4. P/S < 3!!! 5. Debt free & $2b+ of cash!!! 5. Sweet Risk/Reward Ratio setup 6.Target price of $20-$24 over the next...
Since PLTR IPO, the price has been ranging in 3 areas. It appears we are breaking down from the strongest support (bottom on range 2), and will potentially enter the range 1. This level is also coincidental with 61.8% Fibonacci Retracement line. I would be willing to enter a position for a long-term trade, if we can reach the high of the IPO, which is approximately $11
NASDAQ:ABNB Today ABNB share price touched its IPO valuation. This is inlined with the behavioral pattern of many investors after an IPO investment. Nothing really has changed in terms of the business potential for managing the booking of accommodation of all kinds in approximately 100,000 cities in more than 220 countries and regions around the...
April 16th I posted that IPO had more downside. The move since has followed through very nicely. Let's go back to when I first featured as a possible top on Feb 21 of this year. As you can see both calls were textbook. Clearly, IPO is a risk on indicator. Right now it is not inspiring much confidence that we will see the market rip higher if it breaks lower here.
XRP's IPO? Ripple's Recent Bull Run and the SEC
IPO intraday trading strategy idea Treace Medical Concepts is a commercial-stage orthopaedic medical device company driving a paradigm shift in the surgical treatment of Hallux Valgus (commonly known as bunions). 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...
IPO intraday trading strategy idea Latham Group specializes in fiberglass residential in-ground swimming pools, which can be installed more quickly than an in-ground concrete pool. 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...
A GREAT time to invest in the new Ethereum ETF, Galaxy Digital has shown great ability to take their main stock to all-time highs. I say pick it up and hold! Ethereum is gaining speed! Great way to get in on it! Buy it and forget about it check back in a month or two!
Despite how bullish this crypto run has been; One can't help to question the possibility of the Coinbase IPO release marking an intermittent top. Looking back at the 2017 bull run, the CME Future release marked the top of the of the crypto market for some time; Post-futures release was then followed by several painful years of consolidation. It wasn't until 2020...
IPO intraday trading strategy idea Uipath makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the...
Newly released IPO with great potential ahead! - In a new crypto age, everyone is just catching on and for those who did before have generated mass amounts of wealth catching the train before it left. While the majority make their money from investing and trading, coin-base is guaranteed revenue from fees. As the crypto world grows, so will the buyers and the...
On 4/14/2021, Coinbase went public with the ticker NASDAQ:COIN . This was a pretty heavily-anticipated listing if for no other reason than that there aren't really any other crypto exchanges you can buy that are traded on a major US exchange. There are some OTC options, but when it comes to a symbol that trades on a US exchange this is a big milestone. Tons of...
Vector Acquisition Corp NASDAQ:VACQ What a brutal drop! But I'm still holding on and in fact, accumulating more for the Rocket Lab IPO. I'm definitely not a professional advisor and this is not professional advice. Rocket Lab in the news: Rocket Lab has now delivered a total of 104 satellites to Earth orbit. www.space.com Rocket Lab's next reusable...
Coinbase's Direct Listing signifies what is wrong with the trading world on a grand scale as of late. The new investor possibly with their stimulus check or worse their life savings throwing everything into every turd that is being FOMO'ed onto the public. $COIN is no exception, besides the company taking advantage of new crypto investors be charging a...
IPO intraday trading strategy idea AppLovin provides tools for mobile app and game developers. The share price is falling and gonna continue this trend today. The demand for shares of the company still looks lower than the supply. These and other conditions can cause a fall in the share price today. So I opened a short position from $69,10; stop-loss —...
I am pretty fascinated by the Coinbase IPO and watched it closely today. I did not trade it or buy or sell it. I just watched. The market is really something else today. AirBnB and Coinbase are $100 billion companies. They are suddenly 1/7th the size of Tesla or roughly 1/15th the size of Google. I have no doubt these are amazing companies, but the valuations are...
IPO investing idea Coinbase, Inc. is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The reference price is $250, I suppose the price will rise much higher at 1 day and later. The market cap at $250 per share is $65bln. Why? Let's check some fundamentals. In 1Q2021 Coinbase reported the next...