$CEMI can rise in the next days

Contextual immersion trading strategy idea.

Chembio Diagnostics has a strong upward trend.

The company develops, manufactures, and commercializes point-of-care diagnostic tests, in particular, COVID-19 tests.
Due to the spread of the COVID-19, the demand for the company's products rose.

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

I saw it again and opened a long position from $5,74;
stop-loss — $5,07.

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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İşlem elle kapatılmış:

$5,01