In the first week of August, I shared a setup I identified on $BEAT , specifically highlighting $0.2628 as a potential demand zone where I expected price could eventually drop to as the larger structure developed.
But our immediate focus was different: we wanted to catch the higher-timeframe bearish move toward $1.00 first, before looking for the much larger downside toward $0.2628.
However, price spiked sharply to $3.70 to sweep liquidity, taking us out of our short before turning around and ...
IPOs are becoming market processes.
A listing used to look like a single event: a company goes public, a price prints, and trading begins. That model is getting harder to describe what actually happens now.
Price discovery is starting earlier through private valuations, secondary transactions, employee equity marks, and pre-IPO markets. After the opening auction, it continues across venues, products, trading hours, and time zones.
CXMT made that shift visible.
The Chinese chipmaker priced it...