My understanding is (correct me if I'm wrong), that the new shares issued for the capital raise are delivered today at $243 price to the buyers. So what is the expectation for those ?
Are the new buyers going to be long holders ? Probably not all.
If some of them are bought with the goal of short term profit, at what point can we expect them to be dumped on the market ?
Immediately today as the SP is more than 5% above their cost ?
Wait until they make a 10% gain ~$267 and then start selling them at that point as limit order ?
I would guess the last option and so I expect a new resistance at 267.