$DIBS is giving a GREAT IPO LONG opportunity today

By KozakHlib
Updated
IPO intraday trading strategy idea

1stdibs.com one of the world’s leading online marketplaces for connecting design lovers with many of the best sellers and makers of vintage, antique, and contemporary furniture, home décor, jewelry, watches, art and fashion.

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 $21.75;
stop-loss — $19.90;
take-profit — 27.30/MOC price.

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.

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Trade closed: target reached
intradayIPOipo-stockipo-tradeSupply and DemandSupport and ResistanceTrend Analysis
KozakHlib
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