Long

$RDBX a market hedge? 👁‍🗨

Updated
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management

Today my team entered Redbox Entertainment RRDBX at $5.70 per share. We set an automatic stop loss at $5.45 which would be a -

On our other platform we entered with a small entry at $3.46 on Thursday last week (Private message us for details). It would've been our quickest trading view gain if we had posted it on here which is a bummer. Our goal is to show you guys where we believe the money is about to flow so we apologize for not alerting anyone on here. We believe that it could run tomorrow as well and reap even wider gains, so we wanted to give you guys the heads up before it departs for good.

We feel confident in that stop-loss, but if it does then we will be taken out of the trade and suffer a small loss.

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Comment
Wow we couldn't even finish typing up the post before this thing rocketed from our first entry. Talk about good timing.
Comment
Ignore that stop loss. We believe that the markets will be red Thursday and Friday. Expect RRDBX to run one of those days from our original entry.
Comment
Still holding that first entry. 2nd entry at $4.44
Trade closed manually
We haven't sold this position since this could still turn out to have crazy squeeze potential. However, we have already accepted the possibility that our investment in this trade is gone. We don't put much money into gambles like this due to the high possibility of failure. Good luck to those who are still holding on to this position like us.
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