CRWV, XPEV, RBRK & AS - A Quick Study of Some U-Base IPOs
A Quick Study of Some U-Base IPOs
Since I am currently in $CoreWeave, Inc.(CRWV)$ (10% weight) , it might be similar to his $XPeng Inc.(XPEV)$ trade 5 years ago, I decided to dig out a few "similar" IPO bases, and see what's the best strategy (for me) going forward.
My Criteria of Search:
- IPO with relatively short bases
- IPO with relatively simple U-/ Cup base.
My Objective:
- Try to hold for as long as possible, i.e. sell only into weakness (unless I have valid reason to sell into extreme strength)
- Using at least one of the fast KMAs (could be 8ema, 10sma, 13ema) as the "signal", upon successful close below, or a definite major breach. Be flexible.
Results:
$CoreWeave, Inc.(CRWV)$ (TBC)
Base: 1 month
Supporting KMAs: (TBC upon PB)
Pivot BO: +36% in 3 days (TBC)
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Base: 2 months
Supporting KMAs: 8ema (white)
Pivot BO: +210% in 14 days
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Base: 6 months
Supporting KMAs: 13ema (orange)
Pivot BO: +86% in 34 days
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Base: 7 months
Supporting KMAs: 13ema (orange)
Pivot BO: +93% in 61 days
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Note this is not meant to be an extensive study, as usual nothing is certain in trading anyway, and there are other nuances that affect the performance of each name. However, for the sake of simplicity just look at these charts alone. You may do your own studies and supplement where applicable.
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