not trying to be contrarian with the Biotech (i think) stock, but i was watching this one from yesterday. look to go long somewhere near the 42.77 support stop below 42.50 at 42.37. target 44.90.
Major concern – potential nasty bull-trap on daily - if stopped will watch at bottom of channel on daily.
Risk .40
Reward 2.00+
R/R 5:1
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big gap down – no trade.
dodged a bullet.