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KozakHlib
Nov 23, 2020 1:09 PM

$IDEX is gonna fall today Short

Ideanomics, Inc.NASDAQ

Description

Pupm&Dump trading strategy idea.

IDEX is rising without clear preconditions 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 $2,03;
stop-loss — $2,19;
take-profit — $1,87;

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
similarBear35456
If you have a few more shares to dump at today’s open price, I’m here
KozakHlib
@similarBear35456, it was a bad day( 3 stops
xtahoex
Great call!!! Where can I subscribe for more of your wizardry?
statelessloki
I dont get it, why do people keep predicting stocks in hype sectors to fall?
FrenzyTrade
@statelessloki, They fuel the fire
KozakHlib
@statelessloki, no matter what sector. It's a pump. It should fall. But not today.
tbuck222
Not much of a fall there guy
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