Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
VINC a speculative biotech penny stock LONG
Vincerx Pharma, Inc.
Long
VINC a speculative biotech penny stock LONG
By AwesomeAvani
Follow
Follow
Updated
Mar 21
2
4
32
32
Feb 21
VINC went from 1.5 to 3.0 in less than three hours with 12X relative volume in the afternoon
after a month of a slow climb from a news release that really did not amount to much. Insiders
are 25% of the shareholders and that may be the story here. This could be manipulation at its
finest. I have to wonder how many insiders bought how many shares and when the rug pull.
This is a high tight bull flag pattern which typically results in another leg higher of the same
magnitude. I suppose that is in clean trading without any manipulation.
If this takes off again it might be worth trying with a small position so long as the trader
can hit a button to close the full position when the sudden reversal occurs. I will trade
this long with a group of moving averages to make alerts for crossing lines and slopes
levelling out and see if it can go anywhere.
Feb 22
Note
Price added 9% today. Holding a full position.
Feb 22
Trade active
Price is Predicted to gradually ascend moving forward at least for today. Full position
but may take a partial late Friday morning.
Feb 24
Trade closed: target reached
Mar 8
Trade active
Swing Trades in Followup
Mar 9
Note
Update of partial swing trade closure:
Mar 10
Note
Another zig and zig awaiting a break of the flat top. Highly successful swing trade stil open.
Mar 11
Trade closed: target reached
Fanastic trade to close in the premarket seeking shares to short.
Mar 21
Note
biotech
biotechnologystocks
Earnings
Flag
insidertrading
LABU
popanddrop
pumpanddump
Trend Lines
VINC
XBI
AwesomeAvani
Follow
Disclaimer
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
.