$BYD can fall in the next days

Contextual immersion trading strategy idea.

Boyd Gaming Corporation has a strong downside trend.

Due to the downside market trend and spread of the COVID-19, the demand for casino services fell.

This and other conditions can cause a fall in the share price in the next days.

So I opened a short position from $8,79;
stop-loss — $9,71.

Information about take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Trade fermée manuellement:

Closed by $7.52 — market close price

Commentaire:

$7.52 wasn't market close price, it was a mistake)