Enjoy this trade review session with Ryan Trost, a year-3 proprietary trader at SMB Capital.
Learn the Top 3 Trade Setups we are using on the desk here: http://bit.ly/38oB1Re
Airbnb (ABNB) key technical level short (day 2 IPO trade).
Airbnb was one of the most anticipated offerings of 2020. Shares of Airbnb skyrocketed as much as 120% during the home rental giant's long-awaited first day of trading.
Large institutions often place block-orders in areas where they expect there to be an increase in liquidity (often at $0.25 increments). As Ryan discusses in this video, tape reading and attentiveness are extremely important trading skills to develop for these scenarios.
*SMB Disclosures* https://www.smbtraining.com/blog/smb-disclosures
#stockmarket #trading #ABNB
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