Recent IPOs VRM ADCT AZEK Strong Charts
ADCT and AZEK are two recent IPOs that have powerful charts. They both blasted off after their initial public offerings and have held their gains relatively well. Now, they are both approaching new highs. AZEK has not lost its 20-day moving average since it's IPO and ADCT has not lost its 50-day moving average over the past few months. These are two smaller stocks and are much more prone to large moves in either direction.
I also like the action of recent IPO Vroom. Like AZEK, it has shown an inclination to hold its 20-day moving average and is now approaching new highs.
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