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 $2,60; stop-loss — $2,77. take-prifit — $2,43/MOC price.
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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I have my stop loss in place but I think the Valqari deal may boost the stock. Volume is just under 25K (but changing rapidly), which is pretty small, but I think overall, the deal with Valqari could be a nice shot in the arm. Your mileage may vary. I'm going to see how the market reacts in the first 15 minutes before doing anything (let the traders get their coffee) and then make an assessment.
KozakHlib
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I mistakenly changed take-profit after the wrong calculation... Now I have better formula)