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KozakHlib
Feb 18, 2021 12:40 PM

$CNET can rise in the next days Long

ZW Data Action Technologies Inc.NASDAQ

Description

Contextual immersion trading strategy idea.

ZW Data Action Technologies Inc., through its subsidiaries, provides omni-channel advertising, precision marketing, and data analysis services in the People's Republic of China.

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

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

So I opened a long position from $6,19;
stop-loss — $4,14.

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.

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Thanks for being with me!

Trade closed: stop reached

Comments
stephenberkenlaw
Zowie. Were you way off on this one. I should have trusted my gut that the formation did not look right. I took a bath.
KozakHlib
@stephenberkenlaw, I closed my deal at 4.14.
Josecl22
thanks for sharing your ideas!
Dave-FX-Hunter
Very possible
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