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KozakHlib
Oct 15, 2020 1:24 PM

$MTC can rise in the next days Long

MMTec, Inc.NASDAQ

Description

Contextual immersion trading strategy idea.

Mmtec, Inc. develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements in the People's Republic of China.

The demand for shares of the company looks higher than the supply.

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

So I opened a long position from $1,34;
stop-loss — $1,00.

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 active

1/4 closed at $1,68

Trade closed: stop reached

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