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KozakHlib
Dec 16, 2020 11:31 AM

$BLRX is gonna fall today Short

BioLineRx Ltd.NASDAQ

Description

Pupm&Dump trading strategy idea.

BLRX 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 $4,39;
stop-loss — $4,69;
take-profit — $3,79;

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!
Comments
WTFpattern
nailed it
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