Long

GL news catalyst backside trade LONG

Mis à jour

GL fell on bad news and started its recovery in the after-market hours. The idea is on the chart.

It shows how price action can be manipulated and how retail traders can play the manipulation.

Transaction en cours

Early on GL recovered another 8%- stop loss now above break even. 10@ of the

position closed to realize some profit. Remaining 90% at risk but with a stop loss

above break even so the trade is now risk free.

Transaction en cours

GL moved up further. Looking for more.

Transaction en cours

Note

GL $59.20

Massive -50% unwind on this name after a notable short research firm accused them of insurance fraud.

The stock had started getting bought back up late day Friday. We could potentially see more technical bounce early next week.

Please double-check that no more follow-up news on the short report is revealed next week. If new negative report is published, the stock will most likely sell off even more, making it undesirable for longs.

IF the stock can break through highs from Friday, look for potential trend join long setups to the upside.

Transaction en cours

40% gain in 8 days an excellent return with minimal effort. Holding full position and looking for more.

AwesomeAvani

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