Request for this chart and it has been some time since I last uploaded this but I believe it is still in an ABC count here, having only IPO'd in 2020....what we have witnessed from new additions to exchanges is that they tend to open strong, followed by a strong pull back to their opening low or even a new low before rising again in a corrective wave.
This is how we are seeing this move here too.
$FOUR has had back to back negative earnings tho and is below its 50 and 200 Day MA too.
A failure to get back above the 200 Day MA may result in a further break down and a retest again at the blue line.