NYSE:GSX   GSX TECHEDU INC SPON ADS EACH REP 0.666 ORD SHS CL A
Contextual immersion trading strategy idea.

The demand for shares of GSX Techedu Inc. looks lower than the supply.

The company provides online K-12 after-school tutoring services in the People's Republic of China.

The price fell after Citron had published report on APR 14.

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

So I opened a short position from $29,82;
stop-loss — $30,37.

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: stop reached
More information: FONDEXX_WORLD https://bit.ly/3aWSqP8, FONDEXX — https://bit.ly/2yYWOzQ
Education: https://bit.ly/3d5siTH, https://bit.ly/3aS3OvL
How to get into our trading chat: https://bit.ly/3d2llTo

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