Trade Idea: IPO – Bounce Trade

Bounce Trade

Possible Bounce Trade setup on IPO this weekend with a retest of the key level at 157p

  • Entry: Go long either now or after any further quality retest price action off the key level around 157p
  • Stop Loss: Beneath the most recent swing low or the key level around 155p
  • Target: The prior high at 200p makes sense

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