Zai Lab Limited
Long
Updated

Retraced All Gains, Like This For Short Term Swing

153
Secondary offering of 7.5 million shares at $20 per share.

Sell $20.00ish

I think the overreaction is due to investors starting to tighten up the belt due to market conditions.

Again, this is just a quick swing off this full retracement. This just seems a bit overly reactionary to me.

Stop 10%
Note
Buying 1/2 $17.72
Note
Was busy and missed that sharp downtick to the low 17's! Would have filled around there!
Note
fold, this is taking too long. selling $17.54

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