$CINF can fall in the next days

2020年5月1日

Contextual immersion trading strategy idea.

Cincinnati Financial Corporation, together with its subsidiary, provides property-casualty insurance products in the United States.

On APR 27 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 $66,04;
stop-loss — $69,53.

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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Thanks for being with me!

2020年5月5日

交易手动结束

$59,49