$RCON is gonna to fall today

20 oct. 2020

Pupm&Dump trading strategy idea.

RCON is rising without clear preconditions today.

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

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

So I opened a short position from $1,52;
a stop-loss — $1,77;
a take-profit — $1,27;

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!

21 oct. 2020

Trade fermée: cible de profit atteinte