COMPASS Pathways Plc - American Depository SharesNASDAQ
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IPO intraday trading strategy idea
COMPASS Pathways is developing a drug treatment for treatment-resistant depression [TRD].
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $25,00; stop-loss — $20,00 information about take-profit will be later
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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