This year we're seeing many BIG IPO's happening. One will be here next week - Space X IPO.
Later this year we also got OpenAI - Anthropic (October).
Many IPO's perform 'okayish' the first three months. But many of them see an average 1 year drawdown of -55%...
Many will rotate into sectors and let retail chase it. But more often than not price get dumped hard, so be cautious about that!
Are $ASTS - $RKLB - $SIDU - $SATL - $CPSH - $ASTI - $SPIR - $MNTS - $AMPG ready for their last leg higher?
And will $IREN - $CIFR - $CLSK - $CRWV - $NBIS - $KEEL - $SLNH - $HIVE - $WYFI - $APLD - $GRRR be next to trend harder with Anthropic coming up in October?
With over an -4% candle ending last week we're up to A LOT of volatility for sure.
You got this!
I would like to tell you that we 10x from here but we have to be realistic. Realized gains are the only thing that matter now so read below as many times as you need to
Don't think signing the 'lease' will make price double again in weeks.
Many of these names are currently getting priced in the 'probable' deals/ leases they'll be signing.
Just like $CIFR - $IREN had last year. That phase are $KEEL - $CLSK now going through.
Doesn't mean they won't see more upside. But $KEEL has already 3x'ed from it's lows earlier this year. Better to be cautious when a lease drops now. Especially nearing an important level from last year and indicators getting heated.
Today we bottom / retest for the Space sector and go up from here.
Have shared several buy / trim levels for numerous space names the last weeks.
Let’s ride! 🚀
$ASTS - $SIDU - $ASTI - $CPHS - $RKLB - $RDW