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Ep. 8: How Google's Chart Provides The Blueprint For Buying Hot IPOs With Mike Webster

Investing With IBD

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How to Buy a Lyft IPO

This one, you know, broke out. So if you wanted to make that exception and buy it, today you certainly could have. But of course the market brought everything down like you mentioned. It's in a vulnerable position. What I would do is use today's low as your first line in the sand. If we get a close below 70-82 was today's low. And so if a close is below that, you just know, you know what, maybe this is now going to form an IPO base. There would be nothing wrong with it.

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