173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO
Chat With Traders
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How to Trade a Stock on the Market
The stock opened at 87, 28 is my first trade. It went up to about 88 and then right back below and quickly got back to 87 and even lower. So when I saw that, I just started shorting at 87 and changed. Then a few minutes later, it ended up coming down and below 87 again. And it didn't make it back up to where I shorted my initial position. That kind of confirms that the price action is saying there's more supply here.
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