TradingView
KozakHlib
May 20, 2020 12:28 PM

$CHL can fall in the next days Short

Description

Contextual immersion trading strategy idea.

China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong.

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

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

So I opened a short position from $35,86;
stop-loss — $37,15.

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.

If you like my content, you can subscribe to the news and receive my fresh ideas.

Thanks for being with me!

Trade closed manually

$35,48
Comments
UnknownUnicorn7558602
This prediction failed. Stock didn't move anywhere.
KozakHlib
@nashirg, well, yes, I hadn't any profit from it.
More