I saw a lot of conversation about FIG post IPO. I thought I would share a chart on where I assume first major support exists and where the potential top might be.
$68 is first major support area. It's not a guarantee, support could be much lower because of how high above IPO price this opened, but if you want this stock I would start there with my bids.
Now *if* $196 is hit, that's where it's highly advisable to exit and sell. IPO buyers are *highly* likely to exit there.
Good luck!
$68 is first major support area. It's not a guarantee, support could be much lower because of how high above IPO price this opened, but if you want this stock I would start there with my bids.
Now *if* $196 is hit, that's where it's highly advisable to exit and sell. IPO buyers are *highly* likely to exit there.
Good luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.