1. Current Recommended Direction - The current price of "U" has a price difference of approximately $0.1, indicating a significant premium in the short term. It could potentially sell for as high as $7.1, suggesting the bulls have pushed the price to a high level. - Community sentiment leans towards caution regarding "buying U at this premium," implying the current rally may be overextended and a pullback is possible. Blindly chasing the price higher is not advisable. - There is no explicit mention of tentative entry points; the overall bias is towards observation or short-term profit-taking to avoid buying at the peak. 2. Position and Risk Management Recommendations - Light positions or short-term holdings are recommended to avoid heavy positions chasing the price higher. - Pay close attention to the selling pressure around $7.1 as an important profit-taking reference point. - No specific stop-loss level is mentioned, but it implies a risk of pullback. Setting a strict stop-loss is recommended to prevent rapid retracement. - No specific time frame is specified, but the premium is short-lived, making quick entry and exit suitable. 3. Suitability for Trading Styles - This strategy is more suitable for aggressive short-term traders who want to profit from price differences in the short term. - It is not suitable for conservative medium- to long-term holding, as there is a significant risk of pullback after a price surge. - Quick entry and exit are recommended. Be wary of short-term reversals caused by "buying at a premium," and avoid holding positions for too long. - Currently, there are no clear catalysts; trading should be primarily driven by price difference and premium signals.
U: Summary of Discussions in the Aoying Book Club Community (04:00:10 ~ 05:00:10)
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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.
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