Earnings winner on Keytruda sales. In @ $77.00. Tight stop - half the way down on today's candlestick ~ $76.49. (I am not about to lose money on this one-much). Has support at $76.50 ish. Nice long strong uptrend, hopefully the momentum will last. Will close after a 2-3 day swing. Will trail stop @ the 3 ema if it continues up - surfing the wave. Target could be $80, about a 3.5R trade.
Confirmation: RSI and stoichastics up - hopefully previous chop will resolve now that earnings is done.
Confirmation: RSI and stoichastics up - hopefully previous chop will resolve now that earnings is done.
Trade closed: stop reached
Note
Uh yeah, so I set a too tight stop. My loss! Darn.
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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.