CITRON is giving a GREAT SHORT opportunity with $NIO

13 нояб. 2020 г.

Citron following intraday trading strategy idea

NIO Limited designs, manufactures, and sells electric vehicles in the People's Republic of China, Hong Kong, the United States, the United Kingdom, and Germany.

The share price is falling and gonna continue this trend today after the new Citron report publishing.

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

These and other conditions can cause a fall in the share price today.

So I opened a short position from $53,88;
take-profit — $44,37/MOC price;
stop-loss — $57,05.

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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