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KozakHlib
Jan 6, 2021 1:22 PM

$HEXO is gonna fall today Short

Description

Pupm&Dump trading strategy idea.

TLRY is rising without enough specific strong news 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 $4,90;
stop-loss — $5,25;
take-profit — $4,20;

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!
Comments
jk_xxv
Well, it didnt...
KozakHlib
@jk_xxv, yes, but I close deal with a small profit on market close
Atemus
I know there isn't specific news, you don't think this is reactionary to good news from Georgia?
KozakHlib
@Atemus, I think it was a pump. Just a pump.
Investroy
Amazing Risk-Reward ratio! Keep up the good work👏🏻
abel11
this is so helpful, thank you
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