Key observations from Reddit's (stock ticker RDDT) post IPO opening candlesticks:???? Bullish Opening Day: The first day of trading commenced with optimism, as evidenced by a green candle indicating a closing price higher than the opening price.Long Upper Wick: The presence of a long upper wick suggests that while buyers were initially in control, there was substantial selling pressure.???? Second Day Reversal: The following day presented a red candle, signaling that sellers dominated the session by pushing the closing price below the opening.Lower Wick Observation: A smaller lower wick on the red candle hints at a limited downward push beyond the opening price.Bearish Implications for Reddit's IP
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