KozakHlib

$GATO is giving a GREAT IPO SHORT opportunity today

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NYSE:GATO   Gatos Silver, Inc.
IPO intraday trading strategy idea

Gatos silver is a U.S.-based precious metals production, development, and exploration company with the objective of becoming a premier silver producer.

The share price is falling and gonna continue this trend today.

The demand for shares of the company still looks lower than the supply.

These and other conditions can cause a fall in the share price today.

So I opened a short position from $6,1;
stop-loss — $6,87
information about take-profit will be later (or MOC price as default)

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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