Pre-IPO might be one of the easiest trading models to understand and the easiest to form capital consensus around right now. Projects like SPCX and CXMT (ChangXin Memory), which are globally high-profile mega-projects, come with built-in scarcity and traffic. Naturally, they attract significant capital to speculate on valuations and expectations before and after listing. My strategy is pretty simple: If I can participate in the IPO, I prioritize that—it has the lowest entry cost and the best risk-reward ratio. If I don’t get allocated shares, I don’t rush to chase the price at the opening. Instead, I wait for the first-day profit-taking to settle and for the price to dip briefly, then observe the support levels and gradually enter in batches, aiming to capitalize on the subsequent sentiment recovery and capital inflow. For several recent hot Pre-IPOs, the pattern has generally followed the rhythm of “opening dip → capital support → price rebound,” and so far, it’s been working like a charm. For price levels, check out @tradexyz_cn’s daily analysis posts.