APLS Possible Bullish Pennant Breakout

APLS Possible Breakout

Bullish Pennant Breakout

Target = 36


This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.

Good luck, happy trading and stay chill,
2degreez

交易开始:

Started Position
Bought 100 APLS @ 32.93

评论:

Pharma stonks, blah. I still like the long play here at these levels and I will 'cad' near the 382 @ 29 if needed, based on market conditions. I considered this a high probability setup but it dropped out. This is why starting a positions prior to the breakup or breakdown from the pennants/flags/triangles can be a risky play.

Pretty disappointment in APLS but the news that the Trump administration has identified five companies as the most likely to make vaccines to prevent COVID-19 seems to have create negativity.

According to the NYT the 5 are as follows:
AstraZeneca (AZN), Moderna (MRNA), Johnson & Johnson (JNJ), Merck (MRK), and Pfizer (PFE)

评论:

SOLD ALL OUT 31.85 -1.08

Covid news and damn I hate pharma. No patience for this one.

交易结束：到达止损