Higher risk to trade IPO counters? (GLXT)

Personally won't touch IPO stock.

>> insufficient data for TA (during the golden moment).

Wait until...
>>> better chart is form, we can see clearly the next move.

For this GLXT as example, traders should trade with plan, with CL plan at certain level (few bid, few -% etc). If we fail to plan, we plan to fail.

Please don't has any HA (hope analysis) on trading / investing. It mostly won't work that way. What if bought at 0.650 and hold until 0.250? There is over 60% paper loss.
And from 0250 to 0650 = ..... % ? (160%)

Question:
>> good time to collect this counter?
Not yet, it still below EMA line (it's merely a red blue sea for me, as I make it blue colou). Not a good choice to EP without proper reversal signal.


Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.