KozakHlib

$EBR can fall in the next days

Short
NYSE:EBR   Centrais Electricas Brasileiras S A
Contextual immersion trading strategy idea.

Centrais Eletricas Brasileiras S.A. - Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil.

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

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

So I opened a short position from $3,91;
stop-loss — $4,2.

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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Trade closed manually: $4,27

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