ntourney777

BIIB STARTING TO CLOSE THE GAP

Long
NASDAQ:BIIB   Biogen Inc.
Lots of potential to buy cheap.
Trade closed: stop reached:
Don’t like how this trades panning out, looks like it it’s likely going to run to the downside before any jump up after breaking down on a small ascending wedge on the 4h. Very rarely do I switch positions but I’m now shorting this.
Comment:
Closing short position before earnings. After such a large dip and good earnings good shoot it upwards.
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.