$WUBA can rise in the next days

2 Apr 2020

Contextual immersion trading strategy idea.

The demand for 58.com`s shares looks higher than the supply.

The company operates various multi-category online classifieds platforms and vertical listing platforms that enable local businesses and consumers to connect, share information, and conduct business in China.

Due to the spread of COVID-19, the demand for the company's services rose.

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

So I opened a long position from $52,18;

Information about take-profits and stop-loss 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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2 Apr 2020

Dagangan aktif

stop set at $49,00

3 Apr 2020

Dagangan ditutup secara manual

at $51,4