$ZTO can rise in the next days

17 apr 2020

Contextual immersion trading strategy idea.

ZTO Express (Cayman) provides express delivery and other value-added logistics services in the People's Republic of China.

Due to the spread of COVID-19, the demand for the company`s services rose.

The demand for shares of the company looks higher than the supply.

These and other conditions can cause a rise in the share price in the next days.

So I opened a long position from $28,99;
stop-loss — $27,81.

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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20 apr 2020

Trade attivo

stop set at $28,48

24 apr 2020

Trade chiuso manualmente

$28,55