Stocks - DOCS Distribution until Aug 23Idea for DOCS:
- Exhaustion.
- Expecting a gap fill.
- Distribution until Aug 23.
Long 75P Sept 17 7.90 debit
Likely 3.26 R/R in 6 days TF
GLHF
- DPT
DOCS trade ideas
$DOCS is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Doximity is a medical-networking platform that allows doctors, nurses and other medical professionals to socialize, conduct telehealth visits, send secure patient-related messages and digital faxes, look for jobs, read medical news and more.
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 $42.63;
stop-loss — $38.80;
take-profit — $54.12/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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