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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 at a Good Starting Price

This was definitely more of a price action type of a play. I like to get everything compartmentalized into setups in my trading, right? So whatever I cover at 86, 02, let's say, I'll re-short it back on a pop to 87. It moved really fast. That was the stock traded very quickly. And then what I noticed was that every dollar level, the symbol had quite a bit of liquidity there.

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