IPO
TGODF Green Organic Dutchman Holdings LTD, Big Bull Flag?Lets keep it simple!
I've watched TGODF since release go from 2 to 6 in one month. 300% gains that soon may require a pull back.
There is not enough data to look at the longer time frames, as the shorter ones provide more current movements.
I've drawn a nice wedge pattern from the highs, and also found a larger BULL FLAG in the making. By the end of the month we should see where this is going.
Im going to wait until a safer entry zone appears, closer to the $4.30 area at the 618, and even the 786 area could be a second buy zone at the $3.7 area labeled in green.
The Ichimoku on smaller time frames is crossed bearish, and momentum continuing sells. but we can also see a decent amount of buy signals oversold, which I wont be counting on, considering the smaller time frame. There are no buy signals on the more important 4 hr to the WEEKLY.
A breakout of the wedge seems less likely, but still possible. Im a safe pull back level buyer, and will wait until they are reached, or move on to a different trade.
Happy Trading, Debating and Speculating! FOLLOW for more updates on all my charts!
SOGO shooting star short set upHere we have a short set up for SOGO,which has gone up a whomping 75% in the last 2 months on speculation.
Yesterday we had a high volume shooting star, a common reversal pattern, and arguably a 'blow off top'. Today we retraced along the wick of that shooting star, creating a short opportunity for brave traders. I believe win probability is below 50%, but a tight stop can make up for that. Target is 13.01, or as low as volume node at 9.45.
Cheatsheet on shooting stars: i.imgur.com
A look at NFLX IPOFrom the public open price of NFLX to its all time low 139 days later it lost ~70% of its value
(remember the numbers are lower because NFLX has had 2 stock splits in the past, once was a 2:1 and the other was a 7:1)
After it started to recover from the dip, it consolidated under $0.70
It then broke out and retested that $0.70 level and that area circled in green would have been a great area to buy for the long term either at $0.70 or as it started bouncing from that price
I will say I don't expect IQ to get beaten up as much since NFLX was kind of a pioneer at its time where as IQ is similar to a proven business.
SPOTIFY IPO; Ready for for a 30% gain after it's opening week ??Not a fan of stocks, but love watching IPO's:
NYSE:SPOT just released this week; here's my take on the chart after it's first week of trading...
Price action has now put our first bottom in place, where I'd expect 134 to be the HARD floor price before any further declines.
However, the range (green shaded zone) from the past 2 days, 'IMO', is the catalyst for a breakout, ideally in the upper direction. There is the option for a breakout below of course, and a bottom retest, but it is my opinion this does not occur.
It's first stop? It's 'ATH' on opening day (169), where naturally would anticipate a reaction/stall/retrace, and further continuation up to the next level (175), where I'd again see a stall, ?retrace?, before finally making its way to the 188 price level (green hash-line). Time frame for this is not relevant, but with the current markets volatility increasing, and this still a new issue, might happen sooner than later.
It is here where depending on how price action moves at this level, I would determine if it makes it's way towards 200 or we see declines back towards the original breakout zone (green shaded area).
Will update as price hits any of these levels, above or below. Excited to watch it play out. Let me know your thoughts or if anyone is buying :)
(full disclosure: I do not own this stock at time of analysis, nor do I intend on purchasing at any time; consider for education only)
** These are based off current support resistance, supply and demand, and measured/forecasted moves.
Spotify(SPOT) inside day after IPOSPOT and DBX are 2 IPOs that the market put the most focus on this year.
DBX got an inside week to trade, and SPOT got this inside day.
Momentum trade is one of the most effective way to trade IPO stocks, we often traded the 1st inside bar after the IPO (Usually first inside 5 /inside 15)
If it's shortable,
the first inside 15 on the IPO day was OUTSTANDING!
So now there is the first inside day after IPO, and given that it's probably hard to borrow for most of traders, I only looking forward to trading the breakout!
If it broke 144.5 before the inside day breakout out, this trade doesn't exist anymore!
Consolidation in December. Large players publicly enter the frayNews of Blackstone Group L.P. and Fortress Investment Group LLC buying Social Capital Hedosophia Holdings Corp. is fairly bullish and new RSI support has been formed and will provide liftoff from the descending triangle IPOA.U has been living in since creation. There will be a good parabolic movement when we are able to escape.
Catalyst: News that the SPAC will indeed find a unicorn to mate with. Chamath is very public and cares about his image as a disruptor so he will deliver big or not at all and apologize and try again and win big. I expect him to go after a company with large market cap(up and maybe past $10Billion) within his range and with undeniably bullish potential.
Chamath is to take a board seat on this company.
if we are able to make a deal for 10% of a $10 Billion dollar company then the cap of IPOA.U goes to higher than one billion as the holding company is going to be worth as much as the asset + future growth of that unicorn priced in just like a regular IPO pump.
Hopefully this is a multi X play, my conservative target is $25 for IPOA.U
SNAP-CHAT "HOT" IPO : SHOULD YOU BUY ? EVERYONE IS BUYING THIS..IPO stands for initial public offering
but it also stands for: it's probably overpriced
:Imaginary Profits
:Insiders Private Opportunity
: Idiotic, Preposterous, and Outrageous
Buying IPO is a bad idea because it flagrantly violated one of the most fundamental rules: No matter how badly other people want to buy a stock, you should only buy if it's undervalued.
In the example above, IPO VA Linux's shares were valued at a total of $12.7 billion while company total worth was only $44 million. That IPO fell from $293 to $1.19 Per share.
Before Buying snap chat stock please do your analysis, look at their financial statements, their debt, earning etc. Do not jump in because it's a "hot" issue and everyone else in jumping. If your analysis shows that snap chat stock is undervalued then only buy it.
While there was a chance to become a billionaire by buying IPO's of a couple of companies like Microsoft, Apple, Coke there's was also a huge chance to get broke by buying IPO of thousands of companies like VA Linux.
References:
"The intelligent investor" by Benjamin Graham (book)
“Security Analysis” by Benjamin Graham (book)
IPO Stock SecretsIn June of 2017, experts were saying to buy the stock of SNAP Chat. Since then, SNAP has kept going down and has loss over 30%
In the same month...
I posted that the stock of BZUN had more room to go higher. Since then, BZUN has made over 29% in profits...
Do you know that there is actually a way to tell which IPO stocks will become losers and which ones will become winners?
It's a little IPO STOCK SECRET they don't want you to know...
$NAME What this stock is about to do$NAME is up 10% today. After rebounding from the bottom as an IPO stock, $NAME is looking to begin it's rally to possible all time highs
$BABA BABA staging a strong comeback like FB in 2012News from Alibaba ($BABA) spiked the stock higher. Some wonder if this is the time to short after all the stock has be up +140% since it's bottom back in 2016. However since the double bottom was put in last year, $BABA has been showing great signs of a stock ready to become the next big IPO that many will say in the future, "if only I had held on to my shares of ALIBABA back in 2017 when it first began going on. This is history in the market. Unless the stock closes below $120 in the next few months, this is a long term stock to add to any portfolio
MULESOFT Inc: MULE: All systems goMulesoft - this looks like an IPO that might be worth following: downside about 10%, upside incalculable. But use a stop just under 23.5 to safeguard yourself from a Snap dilemma at any point in future...a long-term investment is often a short-term investment gone-wrong, no?
IPO - Invitation Homes $INVH - CEO John Bartling95% occupancy
$1600 avg rent
62% margins
13 markets
3700 homes in each market
97% of markets has over 2000 homes
All rehab teams are in the market.
Buy, renovate, rent.
COMPETITION:
American Homes for Rent
Colony
Starwood
INVH is Part of the American Rental Housing Council
Provide a consistent experience for renters
Create best practices
John Bartling, CEO
Saw him on Bloomberg on IPO day Feb 1, 2017