$CDTX can rise in the next days

15 Nis 2020

Contextual immersion trading strategy idea.

Cidara Therapeutics is a biotechnology company, focuses on the discovery, development, and commercialization of novel anti-infectives for the treatment of diseases

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

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 $2,82;
stop-loss — $2,59.

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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16 Nis 2020

İşlem kapandı: durdurma seviyesi