$AOMR is giving a GREAT IPO SHORT opportunity todayIPO intraday trading strategy idea
Angel Oak Mortgage, Inc. is a real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market.
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 $18.29;
stop-loss — $18.79
take-profit — $16.79/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
IPO
$WKME is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
WalkME is a company develops the defining solution enabling organizations to better realize the value of their software investments.
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 $31.29;
stop-loss — $29.87;
take-profit — $35.55/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Is DoorDash Ready to Deliver?DoorDash has chopped downward after stalling above $200 in February, but now the chart may be showing signs of a turnaround.
The first major feature is the high-volume bullish price gap on May 14 following quarterly results. The big takeaways were strong revenue and a widening appreciation of its growth potential. DASH spent the next four weeks pushing against the 50-day simple moving average (SMA), which it cleared on Friday.
Next is the potentially bullish setup with the 8-day exponential moving average (EMA) holding above the 21-day EMA. Both are now above the 50-day SMA.
Third is the descending trendline between the February and April peaks. DASH broke that line last week. It also registered its highest closing price since late April.
Finally, notice the large outside day / spinning top on June 7. DASH leaped at the open, instantly crashed to a two-week low and then rebounded to close down less than 1 percent. That might have been the bears’ last chance to sink the stock.
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Clearing Up Info About the WISH IPO "Share-Lock-Up" Release DateIn an article published June 7th, entitled "ContextLogic Inc. 's (NASDAQ:WISH) Lock-Up Period Set To Expire on June 14th"
MarketBeat told readers incorrectly that "ContextLogic's (NASDAQ:WISH) lock-up period is set to expire on Monday, June 14th.
ContextLogic had issued 46,000,000 shares in its IPO on December 16th. The total size of the offering was $1,104,000,000
based on an initial share price of $24.00. Shares of the company owned by major shareholders and company insiders will
be eligible for trade following the expiration of the lock-up period.
According to the company's 10-K (Annual report) filed (2021-03-25). Those shares were actually released the opening of trading
on the second trading day immediately following our release of earnings for the first quarter of fiscal 2021.
Since First Quarter Earnings were announced May 12, 2021 so shares were released May 25th, 2021.
On 06-09-2021 The stock became the focus of a "Short squeeze" campaign by Wall Street Bets and has continued to be the focus of
attention from investors and option call fans who showed an unusual amount of open interest in both $20 and $30 calls. While there
is some back and forth about whether the stock is actually a good short squeeze candidate, the non-Reddit suits have taken an
interest in the stock because it appears to be undervalued using a number of different value methods.
A "Buy" signal was triggered a few days ago by CryptoFundeManager's
Buy and Sell Perfect Entry V2 Indicator & Confirmation Entry Indicator and despite some heavy profit taking after the recent run-up,
bulls have not let the bears take share prices lower than the 10-Day Moving Average. In fact. the stock was the number one most
discussed stock on Wall Street Bets on Thursday and Social Media interest continues on Friday.
WallStreetBets' #Apes and Bulls are expecting the stock to begin ascending on Monday after there appeared to be a triple bottom indication reached during intraday trading the last two sessions.
$TASK is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
TaskUs is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, helping its clients represent, protect and grow their brands.
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 $29.45;
stop-loss — $26.76;
take-profit — $37.52/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
WISH Trend Analysis following EarningsIf WISH misses with earnings this upcoming week, technicals and projected fundamentals support a break below valuation in the lower $11 range. With a test of $9.35 for the next earnings bottom range.
It is likely to find support in this range and move back into test range of $11.05 and $12.18 into the following earnings.
If WISH continues to beat expectations and hold progression, they have a future valuation of around $20-$21.
A nice move to set up reaching this evaluation would be filling supply and demand imbalances between $15.50 and $17.50, with retracements back into $12.50-$13.00 for a move into next earnings. Good earnings there would have the equilibrium to test above range of valuation as support, moving into this years full earnings release next year during Q1 2022.
$DIBS is giving a GREAT IPO LONG opportunity todayIPO 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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$CN'TA is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Centessa Pharmaceuticals is a biopharma holding firm with treatment programs for various diseases.
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 $22.15;
stop-loss — $19.44;
take-profit — 30.28/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
SNOW Falls, Then Melts Up! What's it Mean for IPOs?Yesterday was an interesting session for Snowflake, which reported decent quarterly results on Wednesday night. The data-mining disruptor initially fell on the news as analysts fretted over its high valuations. But then buyers came out of the woodwork and plowed prices to their highest close in almost three months. The result was a large bullish outside candle and a bounce at the 50-day simple moving average (SMA).
The price action could be even more interesting for the broader “freshman class” of recent IPOs. Others including Palantir, DoorDash, Roblox and Upstart rallied after strong quarterly results. This follows several months of underperformance for most IPOs. Consider this chart showing improved relative strength in the Renaissance IPO Fund (IPO):
Three things may be going on. First, the Nasdaq-100 outperformed before earnings season because everyone was focused on results from giants like Apple and Microsoft. But now they’re mostly off the radar until mid-July.
Second, volatility is waning. That means correlations go down and stock picking goes back in style.
Third, Robinhood is expected to go public before the end of June. That could focus attention back on IPOs, including newcomers like SNOW.
In conclusion, the broader price action was already signaling a return to recent IPO stocks. Yesterday’s price action in SNOW – one of the most prominent last year – may further confirm the shift.
TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
$FIGS is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Figs is a healthcare apparel company sells uniforms and other accessories to healthcare workers, such as nurses, doctors, and medical students.
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 $28.99;
stop-loss — $27.74;
take-profit — 32.74/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$ZIP is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Ziprecruiter runs an online job marketplace.
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 $21.60;
stop-loss — $19.23;
take-profit — 28.71/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$PAY is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Paymentus is a leading provider of cloud-based bill payment technology and solutions.
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 $29.62;
stop-loss — $35.62;
take-profit — 27.62/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Roblox Breaks OutMost high-profile tech IPOs from the past year have struggled – but not Roblox.
The maker of virtual-reality software ended last week at a new all-time high. Its chart also pulled off some interesting feats.
First, it broke the descending trendline running along the highs of April 13 and May 19.
Second, it had a powerful “kicker” pattern on May 11 after its first quarterly report as a public company showed strong bookings.
Finally is the question of simple relative strength. Companies like Snowflake , Palantir , Doordash and Airbnb have drifted lower for months. Ditto for videogame makers like Activision Blizzard and the SPDR Technology ETF . Those comparisons make RBLX’s breakout even more noteworthy.
TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Make a Wish Key points:
1. Incoming triangle breakout reversal of downtrend
2. 50% of free float was traded in the last days, who else is left to sell?????
3. I do not think that insiders, private equities and VCs want to sell at $9, after the lock up period.
4. P/S < 3!!!
5. Debt free & $2b+ of cash!!!
5. Sweet Risk/Reward Ratio setup
6.Target price of $20-$24 over the next 6-12 months
Palantir breaking downSince PLTR IPO, the price has been ranging in 3 areas.
It appears we are breaking down from the strongest support (bottom on range 2), and will potentially enter the range 1. This level is also coincidental with 61.8% Fibonacci Retracement line.
I would be willing to enter a position for a long-term trade, if we can reach the high of the IPO, which is approximately $11
Airbnb testing its IPO valuationNASDAQ:ABNB
Today ABNB share price touched its IPO valuation. This is inlined with the behavioral pattern of many investors after an IPO investment. Nothing really has changed in terms of the business potential for managing the booking of accommodation of all kinds in approximately 100,000 cities in more than 220 countries and regions around the world.
Technically speaking, the stochastics oscillators and RSI indicate the shares have been oversold giving a clear upside potential considering that the shares prices already tested the $220 per share range in February 2021.
With Covid-19 pandemia under control, the Travel restrictions are to be easy when we are approaching the summer season in the northern hemisphere. This promise to be a good season for the leisure, travel, and accommodation business.
$TMCI is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Treace Medical Concepts is a commercial-stage orthopaedic medical device company driving a paradigm shift in the surgical treatment of Hallux Valgus (commonly known as bunions).
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 $27.00;
stop-loss — $24.25;
take-profit — 35.25/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
$SWI M is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Latham Group specializes in fiberglass residential in-ground swimming pools, which can be installed more quickly than an in-ground concrete pool.
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 $24.98;
stop-loss — $23.22 ;
take-profit — 30.26/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Coinbase IPO: Buy the Rumor Sell the News?Despite how bullish this crypto run has been; One can't help to question the possibility of the Coinbase IPO release marking an intermittent top. Looking back at the 2017 bull run, the CME Future release marked the top of the of the crypto market for some time; Post-futures release was then followed by several painful years of consolidation. It wasn't until 2020 that $BTC was finally able to re-claim its ATH crown. Though I do not expect a multi-year bear market after the IPO, I do expect some serious volatility.
Another Buy the Rumor Sell the News?
There is a tremendous amount of hype/evaluations around the Coinbase IPO which draws some concern. To support this, we are roughly 6.5 hours away from the $COIN release and we have a beautiful ABCD setup that just completed itself at $65,000. I have been trading the CD leg of this for the last several days and was personally hoping for this to hit 65k right around release. This early strike increases the probability of a blowing past resistance, but regardless the pattern is worth mentioning.
The ABCD:
ABCD Patterns are the simplest out of all the harmonics to trade. If if the BC retracement of the AB leg lands on the 0.618 we would likely find resistance at the 1.272 of the BC extension. If resistance is found and the pattern completes itself, Target 1 would be the extended trendline of AC leg while the second target would be point C. By placing a stop just over the .1414 would we have over a 1:4 trade to TP1 alone for over a 10% gain. If this would push down to TP2 we would be at around a 20% gain. All while 2-3% loss with fees. I do my best not to counter-trade; but this ratio seems too good to pass up.
I hope you all found this idea interesting and maybe even a little helpful. Cheers