Abiomed: worth a long here

ABMD seems to be wanting to breakout of the resistance trendline and has multiple indications of demark exhaustion counts on the weekly chart (not shown here). Good risk/reward for a long here.

Note

1st May 2020 - Despite the fact that ABMD is down today, this idea has returned 11% so far.

Note

7th May 2020 - 15% return so far on this one

Note

11th May 2020 - ABMD has moved higher today bringing the ROI of this trade to 19.50%

Trade closed: target reached

21st May 2020 - closing ABMD here for a return of 20%

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