The demand for shares of WD-40 Company looks lower than the supply.
The company develops and sells maintenance products, and homecare and cleaning products.
The price fell after earnings call on APR 09.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $153,84; stop-loss — $162,37.
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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