$MNOV can rise in the next days

8 Nis 2020

Contextual immersion trading strategy idea.

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

The company focuses on developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs.

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 $4,41;
stop-loss — $4,21.

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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9 Nis 2020

İşlem elle kapatılmış

at $5,95