ASAN trade ideas
ASANA $ASAN Breakout idea for December earnings ASAN possible bottom after IPO. Earnings in December. Could be a good risk reward play if market doesnt crash. Volume was almost non existent until now on this stock.
See chart.
Price target 27$
Stop if market crashes as always.
$ASAN is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Asana is a work management company.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $29,37;
stop-loss — $26,63
take-profit — MOC price
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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