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KozakHlib
Jul 29, 2021 11:04 AM

$YMM is gonna fall today Short

Full Truck Alliance Co. Ltd.NYSE

Description

Pupm&Dump trading strategy idea.

YMM 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 $10,99;
stop-loss — $11,47;
take-profit — $10,02.

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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