$DRVN is giving a GREAT IPO LONG opportunity today
IPO intraday trading strategy idea
Driven Brands Holdings is the largest automotive services company in North America with a growing and highly franchised base of more than 4,100 locations across 49 U.S. states and 14 countries.
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 $28,25;
stop-loss — $26,35;
take-profit — $33,95.
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.
Driven Brands Holdings is the largest automotive services company in North America with a growing and highly franchised base of more than 4,100 locations across 49 U.S. states and 14 countries.
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 $28,25;
stop-loss — $26,35;
take-profit — $33,95.
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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