Emergent BioSolutions Inc.
Long
Updated

EBS - June 24 Qullamaggie Breakout and Episodic Pivot

84
This is part of a Qullamaggie Breakout and Episodic Pivot study I am currently conducting

Qulla Breakout & EP (Discretionary & Systematic) 🚀
Swing Trend Strategy focused on Breakouts based on repeated momentum and Episodic Pivots based on unexpected news/fundamentals that is not properly priced in. The entery requirements are always price consolidation and tightening
Note
Despite most of the market falling EBS closed up 6.77%. I bought into strength during a pullback where I notice price starting to tighten in a H1 and 15M
Trade closed manually
Exited early because the trade pattern forming was not aligned to the momentum trend pattern. Closed at 6.48

Great exit!

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