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KozakHlib
Sep 3, 2021 12:35 PM

$FTFT is gonna fall today Short

Future FinTech Group Inc.NASDAQ

Description

Pupm&Dump trading strategy idea.

FTFT is rising too much today.

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 $2,97;
stop-loss — $3,14;
take-profit — $2,62/MOC

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
UnknownUnicorn1874934
Congratulations, you hit the point with the analysis, it is a pity only that SL is at 3.14
Chaython
Did you not see APOP this morning? Or what made you uninterested?
KozakHlib
@Chaython, I've suspended shorting low float stocks from August.
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