$NTGR can fall in the next days

24 avr. 2020

Contextual immersion trading strategy idea.

NETGEAR is a company, which designs, develops, and markets networking and Internet-connected products for consumers, businesses, and service providers.

The share price fell after bad earnings. Looks like it will continue falling.

The demand for shares of the company looks lower than the supply.

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

So I opened a short position from $21,71;
stop-loss — $22,41.

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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Thanks for being with me!

28 avr. 2020

Trade fermée: ordre d’arrêt atteint