DAM: Summary of discussions in the Fed. Russian Insider community (17:00:09 ~ 18:00:09)

This article is machine translated
Show original

1. The current recommendation is to long on DAM, which is in the exploratory position building stage. It is emphasized that "we are still in the entry stage, but it will not be long," which suggests that a short-term rally will begin, with a target price of over $0.1 in a few days. 2. Position and Risk Management Recommendations: We recommend gradually increasing your position, currently in a process of continuously filling your position. The plan is to sell and take profits when the price exceeds $0.10. The specific timeframe is "a few days later," implying a short-term profit-taking target. No stop-loss order is explicitly stated, but this implies short-term trading risks that should be considered. 3. Suitable for aggressive short-term trading, this strategy allows for quick entry and exit during short-term price surges. The "fill your bag and sell a few days later" approach embodies this rapid-in-quick-out strategy. It is recommended to closely monitor price breakouts above $0.10 as a catalyst, avoid overtrading, and seize short-term profit opportunities.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments