$ZH is giving a GREAT IPO SHORT opportunity today
IPO intraday trading strategy idea
Zhihu is the largest Q&A-inspired online community and one of the top five comprehensive online content communities in China, both in terms of average mobile MAUs and revenue in 2020, according to CIC.
The share price is falling and gonna continue this trend today.
The demand for shares of the company still looks lower than the supply.
These and other conditions can cause a fall in the share price today.
So I opened a short position from $7,91;
stop-loss — $9,26
take-profit — $3,86/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Zhihu is the largest Q&A-inspired online community and one of the top five comprehensive online content communities in China, both in terms of average mobile MAUs and revenue in 2020, according to CIC.
The share price is falling and gonna continue this trend today.
The demand for shares of the company still looks lower than the supply.
These and other conditions can cause a fall in the share price today.
So I opened a short position from $7,91;
stop-loss — $9,26
take-profit — $3,86/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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
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