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...
Poggers are fun. Broke, but fun. Learn to invest and you'll do great. Hint: It's not Bitty or the Doge either. Dang Monkeys. I mean Apes. My bad. #cannabisboom2021 *rising rates gonna wreck the POGGERSSSSS!!!!
found it on fintwit. Fundamentals look strong. A bit overpriced according to my DCF (around 50% overvalued with positive assumptions), however price action seeks my interest. IPOs that are overhyped tend to have a strong run before reality strikes and price adjusts. $TASK might be on one of those runs.
ZOMATO 15MIN is travelling is a zone with a triangle a pattern breakout that can give targets.
With all the excitement around Robinhood's IPO this week and the recent resurgence of Bitcoin its easy to forget about COIN, after what appears to be the completion of a 51% retracement in price according to the Fibonacci retracement we see here. Since this retracement, COIN has quietly sprung 30% in price and appears to only be getting started if the chart I have...
Dash ascending triangle breakout could look like this Bullish if confirmation is printed in the form of a break and retest.
Every circle in the chart is pointing out a test of the support level at $80 approximately. As you can see, since the IPO, we have tested this level multiple times. The arrow in the RSI shows a positive divergence, where every test had a slightly higher level. Unfortunately, if you used this method on the range from early March to late April, you would have...
IPO intraday trading strategy idea 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 $22,08; stop-loss — $19,39; take-profit — $30,15,/MOC price. Do not view this idea as a...
CLEAN SCIENCE LTD 1HR is taking support from lower pink box. Breakout of the triangle pattern can give a good upside.
CLEAN SCIENCE LTD 1HR. The lower pink box shows a strong support and the upper red box shows a strong resistance.
The Robinhood NASDAQ:HOOD IPO continues to be an interesting stock to watch. After holding the 50% Retracement it failed to make a new high. Now is it breaking the retest and near the close today is testing the gap open from yesterday. The big brain play is to short meme stocks like this... but how? Shorting shares carries unlimited risk and buying Puts...
IPO intraday trading strategy idea 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 $20,00; stop-loss — $18,27; take-profit — $25,19,/MOC price. Do not view this idea as a...
A look at the two largest sell offs in the opening day gives us some data (with decent volume) on market structure. Only recently have we seen a little buying support around $29-$30, but not nearly enough to consider significant accumulation. Accumulation could happen in the lower range between $28 - $30 going forward, with the significant possibility of a...
IPO intraday trading strategy idea 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 $18,06; stop-loss — $15,92; take-profit — $24.48,/MOC price. Do not view this idea as a...
IPO intraday trading strategy idea 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 $14,75; stop-loss — $15,53 take-profit — $12,41/MOC price Do not view this idea as a...
Idea for Stocks: Remember Coinbase IPO and Bitcoin? This is probably the queue to complete distribution. That is all. GLHF - DPT
Today Matterport previously GHVI changed its ticker to MTTR and had a decent open with about 1.5 million volume up until it was debuted on CNBC by the anchor Josh Brown. Then we saw a huge pump up from that area and about 3-4 million volume traded after he said he wants to buy after earnings happen. He is bullish on Matterport but also wanted to wait for earnings...
NASDAQ:HOOD Well, I decided to skip this IPO. Probably good for a long term investment. If Robinhood will enhance the number of cryptos and add IRA accounts + no restrictions for retail ivestors I'll consider of buying. But now it's too shady.