Contextual immersion trading strategy idea.
Monaker Group, Inc. operates an online marketplace for the alternative lodging rental (ALR) market worldwide.
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 $3,95;
We have some confirmation here that it will go up:
- MACD goes green
- nice support shown during the last couple of weeks
- volume increases
With this setup, it should break the triangle and go up.
p.s. just an idea, not a call to action
Monaker Group, Inc. is a technology-driven travel company, which is focused on delivering innovation to alternative lodging rentals. It offers products and services related to its online marketplace of travel and related logistics including destination tours / activities, accommodation rental listings, hotel listings, air and car rental. Monaker Group was founded...