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 $2,05; stop-loss — $2,42; take-profit — $1,68;
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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@KozakHlib, ya lost hard there hoping for higher gain... now im stuck in this one for the long run...
JoseLunaNJ
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@dwilliams1144, Do you think this will go back up ever :( I bought in at 3.00 down 7k
dwilliams1144
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@JoseLunaNJ, to be honest I have no idea had no idea about this until I saw it on twitter today.. Seems like alot of people think it will achieve $3.50 fairly soon. Only time will tell. I bought $1200 down 300 but holding now..
JoseLunaNJ
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@dwilliams1144, My heart sank from its current levels. Down 8K- Could go either way but we are near 52 week low.
dwilliams1144
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@JoseLunaNJ, I found an analysis of Catb and the price goal is $24 in 1 year from now... i cant send the picture to this but it has the stats
JoseLunaNJ
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@dwilliams1144, one year is a long time but if you are right I earn to make over 100K.
dwilliams1144
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@JoseLunaNJ, Ya but between now and 1 year you will breakeven, hopefully sooner than later