This post was just published on ZYX Buy Change Alert.
Avalara (AVLR) IPO is priced at $24. Preliminary indications are that it could open in the range of $33 to $34. Consider taking profits as follows:
- 20% tranche at the open price.
- 20% tranche in the zone of $34 to $35.43.
- 20% tranche in the zone of $37 to $39.37.
Move stops on as follows:
- 20% in the zone $27 to $27.43.
- 20% in the zone of $25.33 to $25.63.
- 10% in the zone of $23.89 to $23.96.
More later
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