Don’t tell us we didn’t warn you!Here’s a Thought! 7 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital Shares of IPO Lemonade had a second strong day of trading Monday gaining almost 17% following the internet insurance broker’s launch last Wednesday. At some point Lemonade shares touched an intraday high of $96.50 but since then rolled back to $81.20. On its first trading day on the New York Stock Exchange last Thursday, Lemonade shares skyrocketed by nearly 140%. The company present itself as a disruptor in the insurance industry, but how is its rival company SelectQuote doing since its own market debut on May 21 this year? It has plunged 12% from its peak price of $28.75 on June 16 apparently losing steam, so don’t tell us we didn’t warn you! by VladimirRojankovski3
$LMND is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea Lemonade is an American property and casualty insurance company offering renters and home insurance policies for homes, apartments, co-ops, and condos. 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 $53,00; take-profit — $67,50; stop-loss — $47,50. 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. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Longby KozakHlibUpdated 191925