$CHEF can rise in the next days

30 de abr. de 2020

Contextual immersion trading strategy idea.

The Chefs' Warehouse distributes specialty food products in the United States and Canada.

On 29 May Moody's announces completion of a periodic review of ratings of The Chefs' Warehouse. It causes a rise in the share price.

At the and of the day the demand for shares of the company looked 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 $15,23;
stop-loss — $14,23.

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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1 de mai. de 2020

Trade fechado manualmente

$14,17