$120 has been a solid support level for some time now. I'm hoping to buy at $121 and ride it up when it bounces.
My stop loss will be pretty tight at around $118.
I think my target will be $132.
RSI is also about to hit oversold levels.
The only thing that worries me is that the whole chart has made a head and shoulders pattern. Also, the market has not been happy these past few days.
My stop loss will be pretty tight at around $118.
I think my target will be $132.
RSI is also about to hit oversold levels.
The only thing that worries me is that the whole chart has made a head and shoulders pattern. Also, the market has not been happy these past few days.
Trade active
I got entered into my trade at $122. Today they won some kind of award for biotechnology.
finance.yahoo.com/news/alnylam-wins-prestigious-prix-galien-110000616.html
RSI is really low. I'm hoping for it to bounce soon
Note
It's looking good so far. I'll set a small target at $132Note
I was not expecting such a huge gap up. I sold some at $137.I have 1/3 of my position left. I'll put in a sell order at $140 to sell the rest of my position.
Trade closed: target reached
Well that was fast. I'm out of ALNY for a total gain of about 10% I'm going to keep an eye on it to see if it retraces. I might get back in
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.