Revolve has formed a triangle chart pattern since its IPO a few days ago. On upside breakout, look for confirmation above $41.61 resistance level. On a downside breakout, look for confirmation below $36.74 resistance level. Tomorrow is a historically bullish date for stocks, so perhaps Revolve will break out upward simply on seasonality. Citron, the only analyst...
TUFN is a recent IPO that interest me. Revenues growing 30% Y/Y. Has captured 15% of Global 2000 companies. Retains 70%-75% of its customers and now has $100 million cash from the IPO. Last year 60% of revenue was from existing customers. Thinking they can really increase sales with new cash. Management team consist of a couple of guys from CHKP ($17b market cap)....
Primarily the data on the US labor market from ADP was remembered yesterday. The number of jobs in private companies in the US in May increased by 27K (the forecast was + 180K). The figures are frankly failing and extremely alarming, given that official statistics from the US Department of Labor will be published on Friday. The dollar was one of the first victims...
Fundamentals: Beyond Meat generated $30 million in losses just last year on revenue of $88 million, and it will need to continue investing in its operations in the near future. (The IPO raised about $1.5 billion for the company at the IPO's $25 a share price. Overvauled and in a bubble?? Now valued at about $5 billion based on investors' faith that the...
The IPO for Uber (UBER) has fallen out the bed. The company priced its IPO at $45, opened at $42, and closed at $41.57. UBER’s one-day total loss in value from the IPO price was apparently the largest in history. For a moment, UBER looked like it could stabilize around its poor first day. Unfortunately, the next trading day a major market sell-off helped take UBER...
I am going to assume that UBER is going to exhibit similar behavior as LYFT after it's failed IPO. Therefore I am looking for UBER to make a second deeper dip near the end of this month which will probably take it down to 30. Here I would be willing to take up a first position.
TAXI IPO'S WILL UBER GO LIKE LYFT? Both never had profit, only loss.
I like Pinterest as a product, but I don't participate in this IPO. The main reason is the market doesn't like social networks IPOs: Twitter, Snapchat. My expectation is +30-40% in first trade day, maybe this will even hold strong at first quater, but then the financial result with estimates of -1.6 EPS will do the thing, -1.135 billion spending will make it...
LYFT Continuing with my previous plan (The GAP), this stock is still going to make attempts at $50. Here are some places where I am looking for a reload of either a shorter term play and/or more of a positional play, IF, the move doesn't just continue down to the original target LO of $50. As much as I do not follow text book setups, sometimes they do match up...
Since Lyft went public it has had a straight up beating to its price. Still looking for lower prices. Looking for a retest of 67$ and then targeting the 45$ price level which would mean a 50% decrease of its initial price at offering.
Anyone remember FB IPO? Just look at LYFT, both are classic pump and dump IPO's. So far they are like mirror images of each other and so could expect . Before buying LYFT consider that FB only started basing after it finally started had a positive earnings report and a breakout above the 200sma.
Buy Zone: 5.00-7.30 Long Entry Order at 9.55 1st Target Zone: 14.50-16.00 2nd Target Zone: 33.00-36.00 Exit Trade at 4.50
Not trading this one, but LYFT IPO recalls memories of Facebook going public. Same huge hype, multiple times oversubscription, retail traders jumping in on first day of trading and then getting f*****d. I have a suspicion Lyft will go even lover from this $60 level. Good luck.
$LYFT - has been an awesome ticker to day trade the last week since its IPO on the 29th. Hit the short side the first couple days and nailed the red to green on day 4. Tickers like these that are moving irrelevant to the market conditions have had the most luck in follow through. Today we had another nice selling off action, with an ORB short setup at the open,...
Continuing with the IPO week for LYFT, here are a couple of new scenarios that may play out ... Its my belief based on the chart / price action, that this recent LO will determine what happens at the GAP, should price reach it: Either: A. The current LO is in place, then a revisit to the GAP (and fill) may show as a pivotal resistance point, temporarily. And...