Contextual immersion trading strategy idea.
Liquid Media Group Ltd. operates as a media and entertainment company. It produces content for various platforms, including film, TV, gaming, and virtual reality through its network of shared services.
The share price rose after the company announced an extension of its partnership with YDX Innovation Corp. (“YDX”) to provide virtual reality (VR) content for Liquid’s Reelhouse streaming platform.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,08;
stop-loss — $1,90.
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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