DNB trade ideas
Watch out for earningsDun & Bradstreet Data Cloud offers the world’s most comprehensive business data and analytical insights. It is such a strong company with unique technology established D‑U‑N‑S Number been used all over the world by those large company.
Since its IPO, it has been in the downtrend for almost a year. I personally believe because they still do not have refreshing good earnings reports to attract institution buyers yet. I'd say watch out for this company before it start its bull run.
For self-education use only. Not financial advice.
DNB .. hmmmCan't say it's a good trade due the less data as the company is new.. but it might correct a little
$DNB is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Dun & Bradstreet provides commercial data, analytics, and insights for businesses.
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 $25,25;
take-profit — $29,00;
stop-loss — $24,00.
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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DNB | D | ELLIPSE SETUPRandom pick of mine applying an ellipse setup. Bounce potential 125.09. Enjoy |DnB| :)
Cheers,
Keops
