Short

$EGLX can fall in the next days

Updated
Contextual immersion trading strategy idea.

Enthusiast Gaming Holdings Inc. engages in the media, content, entertainment, and esports businesses the United States, Canada, and internationally.

The demand for shares of the company looks lower than the supply.

This and other conditions can cause a fall in the share price in the next days.

So I opened a short position from $6.35;
stop-loss — $7.27.

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.

If you like my content, you can subscribe to the news and receive my fresh ideas.

Thanks for being with me!
Trade closed manually
$6.57
dumpmomentumstrategyovernightpennypennystockpennystocksSupply and DemandSupport and ResistanceswingTrend Analysis

More information: fondexx.pro/

!!! Join our trader's chat !!!

Here ==> t.me/fndxworld

We build a cozy community of professional traders
Also on:

Related publications

Disclaimer