$ELAN can rise in the next days

Contextual immersion trading strategy idea.

Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for companion and food animals.

The share price rose after the Hedge fund Sachem Head Capital Management has built a $1.2 billion stake in $ELAN.

The demand for shares of the company still looks higher than the supply.

These and other conditions can cause a rise in the share price in the next days.

So I opened a long position from $32,13;
stop-loss — $30,44.

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.

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Сделка активна:

stop set at $31,42

Сделка активна:

1/4 closed at $33,82
stop set at $31,99

Сделка закрыта: достигнута стоп-лосс цена