Yurii is an Ex-Prop Trader & Fund Manager for UK & Swiss Institutions who specialises in trading US equities
$DAO (Youdao Inc.) is another interesting stock that has been active this week. It has a nice pullback and the volume is definitely there. Even though its pre-market does not look appealing now, its breakout of 24.00 level might signify a second push of this new IPO. First target is the high and then sky is the limit.
Earnings – February 19th – BMO.
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Remember: These are not trade recommendation to buy or sell securities. Always do your own due diligence and trade at your own risk.
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Never risk more than 1% of equity per trade.