$KWR can fall in the next days
Updated
Contextual immersion trading strategy idea.
The demand for Quaker Chemical Corporation's shares looks lower than the supply.
The company operates as a chemical products company.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can continue to cause a fall in the share price in the next days.
So I opened a short position again from $110,94;
Information about stop-loss and 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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
The demand for Quaker Chemical Corporation's shares looks lower than the supply.
The company operates as a chemical products company.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can continue to cause a fall in the share price in the next days.
So I opened a short position again from $110,94;
Information about stop-loss and 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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Trade active
stop set at $118,51Trade closed: stop reached
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