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It's a symmetrical triangle here so bias is a little bit up.
Gap up within the yesterday's range so likely just a range day.
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Volume surge, might be a pullback here first. If no, then it'd be an uptrend day. Key time.
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Breakout is more likely, I don't think it'd be a double top here.
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HOOD
RUMOR just before the IPO:
“There was a lot of chatter in the pre-market about Goldman having issues getting the deal fully allocated ...”
anticipated range of $38 to $42 per share
REALITY after the IPO opened at $38
demand is weak
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Bespoke, last night
After another day of earnings reports, 86% have now beaten EPS estimates and 81% have beaten sales estimates so far this season.
19% raised guidance to just 2% lowered guidance.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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