Hey, traders.
Catch the long for today.
Let's take a close look at the chart.
1. On 08.04.2020, after a strong decline, the long player came into force. Having gained a position, he pushed the price upwards.
2. Once again, we see the price going from level to level in a channel, however, after the rise there is no rebound. For 12 days, a new position was gaining momentum and it was also clear that we would go up.
3. 06.05.2020 again the long player pushes the price up, having spent 154 thousand shares or almost 6 million. Remember, I once in one of the posts, I asked if you were ready to lose a million? No one answered me then.
You can see that there's a smart guy works here who leads the instrument up. He'll spend $6 million that day, but then he'll make 100. That's genius.
4. As for me. I'm gonna go to the long. There's an understandable calculable risk and good movement potential.
Trade wisely!