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 $25,02;
stop-loss — $23,39;
take-profit — $29,99/MOC price.
Do not view this idea as a...
Olaplex Holdings, Inc. operates as a holding company through its subsidiary manufactures and retails hair care products. It is formed for the purpose of completing a public offering and related transactions in order to carry on the business of Penelope Holdings Corp. and subsidiaries. The company was founded on June 8, 2021 and is headquartered in Santa Barbara, CA.
NASDAQ
