SLQT IPO came out recently, and went up to a high of $29! Then, like many othe IPOs, people start taking gains, or start shorting it, and we ended up at the bottom around $19.00. I circled what I thought the Pivot point to be, as it had way above average volume that day, with a very long tail, and we have confirmation with a huge bullish candlestick leading the way on Friday.
I printed 3 target prices, being just Fibonacci retraces - I don't expect to go all the way to 100%, but if we do get there, expect to go higher!
First cash out is 10%, then 17.5%, and 27% gains! Unless you decide to hold onto this stock, this should be a quick trade.
Stoploss at $17 for the long trade, adjust accordingly for the shorter ones.
I printed 3 target prices, being just Fibonacci retraces - I don't expect to go all the way to 100%, but if we do get there, expect to go higher!
First cash out is 10%, then 17.5%, and 27% gains! Unless you decide to hold onto this stock, this should be a quick trade.
Stoploss at $17 for the long trade, adjust accordingly for the shorter ones.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.