Pupm&Dump trading strategy idea.
$GNFT is rising without clear preconditions 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 $5,16;
stop-loss — $5,52;
take-profit — $4,80;
Do not view this idea as a recommendation for trading or...
EURONEXT:GNFT ready for an upside move: on the daily chart is very oversold but the price is squeezed in the same area for the last 3 weeks (accumulation phase), while the volume was lower and lower. But now on the last daily candlestick, the volume increased suddenly while the money flow index also increased drastically.
On the 4h chart, the RSI and MACD were...
Genfit dropped a lot and the thing that concerns me is not that it dropped but that it’s still
dropping. Normally after something like this the stock or coin starts going up but that’s not the case here. Really genfit needs some good news now or it looks like it’s going to continue dropping. I would wait to see what happens and not make any trades because even...
