$MGEN is gonna to fall today

Pupm&Dump trading strategy idea.

$MGEN 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 $1,22;
stop-loss — $1,44 .
take-profit — $1,00.

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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Comment: Near 1.44 were fake prints, stop wasn't activated
Trade closed: target reached
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GTH, shortie punk. I along with several longs are making REAL $$$ in the long run.
KozakHlib eagleiii
@eagleiii, well, my trade was short-ran and profitable. We have a system and big balanced basted of strategies)
Good work
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