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KozakHlib
Aug 12, 2021 1:17 PM

$KNBE is gonna fall today Short

Description

Pupm&Dump trading strategy idea.

KNBE 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 $22,99;
stop-loss — $23,96;
take-profit — $21,04/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
tradeking01
THis could be a good IPO based break out. It already went up today by 25%. I am watching it for next week. May be a Possible pump and dump play.
KozakHlib
@tradeking01, well, I trade IPO only at 1st day now. Then I follow them only for Pump&Dump trades.
tradeking01
@KozakHlib, Have you heard of IPO break outs?
KozakHlib
@tradeking01, no, but wanna hear :)
muratcan.koylan
lol
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