MRK and all pharma has been dropping forever.
Just pierced the Double Golden zone yet again.
Break and Hold of this zone will say "bottom".
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Just pierced the Double Golden zone yet again.
Break and Hold of this zone will say "bottom".
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Trade active
Houston: We have IGNITION(yellow shaded area is from posting time).
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Entry on Golden Covid at $80.36 netted 5% so far.
Not much gains but for this stock, not bad.
Closed 25% and SL at BE on the remaining bag.
Lets see if any more gains, am NOT confident.
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Trade closed: stop reached
"am NOT confident" from above update, and sure enoughStop loss got hit, so good thing I booked SOME profits.
Pharma under Trump is a risky sector as was mentioned.
Grabbed a nickel in front of a frieght train rolling downehill.
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Note to self: any pharma trades gotta book profits ASAP.
But this DoubleGolden zone can not be ignored so watching...
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.