$EHTH can fall in the next days
Diupdate
Contextual immersion trading strategy idea.
eHealth, Inc. provides private health insurance exchange services to individuals, families, and small businesses in the United States and China.
The share price fell after bad earnings. Looks like it will continue falling.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $110,08;
stop-loss — $113,5.
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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
eHealth, Inc. provides private health insurance exchange services to individuals, families, and small businesses in the United States and China.
The share price fell after bad earnings. Looks like it will continue falling.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $110,08;
stop-loss — $113,5.
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.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
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