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Is it possible to come below the IPO price?

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Butterfly pattern:
AB=0.78 XA
BC=0.88 AB
CD=1.6 BC
註釋
final target of butterfly:
CD=2.24 BC=$4.68
maybe reach it.
註釋
shark reversal:

$Ride shark reversal
ButterflyelectricvehiclesevmakersFibonacciHarmonic Patternslordstownlordstownmotorslordstownstock

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