$FIT has had a massive run right from when it hit the market. But it ain't over yet! The chart is bullish with a cluster of fibonacci retracement levels around $52.52 - $53. Fundamentals are solid too. Yes, $FIT trades at 98x trailing earnings, but it also boasts 209% yoy revenue growth and 441% yoy earnings growth. $FIT goes higher. Price target: $52.50, 16%...
Look for a breakout volume has increased, I would expect a 25-30% run with a prob 8% stop or risk....this is a newer stock and can move fast if interest...
with all the other competition , can this small firm manage the other competition this is short term objective idea from seeking alpha , DON Dion !! chart is mine
You are looking at a DAILY chart of CYBR. Although I like to use weekly charts in my posted ideas, CYBR recently ipo'd and therefor the daily chart will work just fine for this idea. Please remember that daily charts will give us buy & sell signals that may not last as long as the signals on weekly charts. So keep your eyes on your money... Cyber Security. ...
BABA continued to go up after close. If EPS is good this is a no brainer. IPO breakout are very powerfull setups
This stock is new and looks to be building a base, look for long on this one at breakout.
Based on the literal description of Ponzi scheme... you can basically say that any IPO is a ponzi. The first in, get the biggest profits because they sell to the last in, that are the bagholders. Those millionaires and billionaires sure do thank you, the commoners, from the bottom of their greedy black hearts! 'Murica
Alibaba didn't disappoint the investors and gained about 38% in his first day. It is the greatest ipo in the history and all the news about it seem positive at the moment. Now it's difficult to predict the trend evolution but we can try to imagine a possible price range in which buy to go long for the short term. In my opinion this stock could touch his maximum...
Recently, I have been approached by a number of friends interested in investing. Most of these friends have never paid attention to the markets, or even invested or traded stocks on their own. Yet, most of these people are interested in one stock in particular. You have probably even heard the recent hype yourself... you guessed right, its the Alibaba's IPO. ...