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KozakHlib
Jun 12, 2020 4:34 PM

BNR is giving a GREAT IPO LONG opportunity today Long

Burning Rock Biotech LimitedNASDAQ

Description

IPO intraday trading strategy idea

Burning Rock Biotech Limited focused on the application of next-generation sequencing (NGS) technology in the field of precision oncology.

The share price is rising and gonna continue this trend today.

The demand for shares of the company still looks higher than the supply.

These and other conditions can cause a rise in the share price today.

So I opened a long position from $24,54;
take-profit — $32,74;
stop-loss — $21,82.

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 closed manually

$25,10
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