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KozakHlib
Aug 13, 2021 11:59 AM

$SESN is gonna fall today Short

Description

Pupm&Dump trading strategy idea.

SESN 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 $5,29;
stop-loss — $5,47;
take-profit — $4,92/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
UnknownUnicorn7245819
From 6 to 0.7 cents after the initial halt, it was crazy.
ianxxx
@starsora04, I'd like to know how is technically possible that a share loses 85% of its value in 1h and there's no data about that hour.
KozakHlib
@ianxxx, manual pause in trading. It happens.
ianxxx
@KozakHlib, ok but then? What happens during that pause that make the price to drop this much? (5.9$ before pause, 0.86$ after pause)
zmawrjwdd8
Well played sir. Well played.
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