Long
Another IPO bounce play
After a disappointing post-IPO performance, this may be finding bottom, tightening price action may lead to a large upside move.
Note
Respecting the descending trend line and the lower fib, this will come to a decision point soon which may lead to an upward move.
Tools for traders and investors smart enough to keep it simple.
TheStrat Suite is now free & open source 😘👌
TheStratSuite.com · github.com/345-strategies · 345strategies.com
TheStrat Suite is now free & open source 😘👌
TheStratSuite.com · github.com/345-strategies · 345strategies.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Tools for traders and investors smart enough to keep it simple.
TheStrat Suite is now free & open source 😘👌
TheStratSuite.com · github.com/345-strategies · 345strategies.com
TheStrat Suite is now free & open source 😘👌
TheStratSuite.com · github.com/345-strategies · 345strategies.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.