$1,420 Profit
IBRXLong Stock
Entry comments: I'm buying this strong biotech that's breaking out of a multimonth base on this positive news https://tim.ly/3UkjIaS and the FDA is meeting in a few weeks to discuss their lung cancer registration too so this should have continued momentum, goal is to make 5-10% since its a slightly bigger company than I prefer, but the trend is undeniable and I don't see anything else this strong
Exit comments: AWESOME over the weekend gap up, I over-thought it and probably should've just held, but as I said in my weekend video lesson., this is a giant company so I didn't expect so much volatility...but very nice winner here, congrats to everyone, whewwwww! It's good to lock in solid singles like this
Newsletters:Weekend Trader
Position Updates
- Apr 26, 24 3:28 PM: Bought 2000 at 7.54 - I'm buying this strong biotech that's breaking out of a multimonth base on this positive news https://tim.ly/3UkjIaS and the FDA is meeting in a few weeks to discuss their lung cancer registration too so this should have continued momentum, goal is to make 5-10% since its a slightly bigger company than I prefer, but the trend is undeniable and I don't see anything else this strong
- Apr 26, 24 3:47 PM: Added 3000 at 7.23 - I added to my position on this big dip into the close, I think it got ahead of itself, but can bounce more next week, full video coming this weekend
- Apr 26, 24 4:15 PM: Sold 3000 at 7.44 - Nice bounce off the lows in the 7.20s so I'm taking some off as this is a lot more volatile than I thought it would be so I'd rather have a small position as opposed to a large one over the weekend. I still think this bounces more, but safety first just in case with total amount risked here....very glad I got my average down though
- Apr 26, 24 5:20 PM: Sold 1000 at 7.60 - One more sell for me today as I'm just locking in solid 5% profits here afterhours and reducing my position even further as it gets closer to my initial profit goals. Should I probably stop trading and let this roll at this point? YEs, but I'm also impatient and like showing how to trade choppy plays like this overly-safely as you must remember, trading isn't so scary when you trade scared. And this is a solid afterhours runup from the 7.20s so congrats to all here
- Apr 29, 24 7:16 AM: Sold 1000 at 8.27 - AWESOME over the weekend gap up, I over-thought it and probably should've just held, but as I said in my weekend video lesson., this is a giant company so I didn't expect so much volatility...but very nice winner here, congrats to everyone, whewwwww! It's good to lock in solid singles like this
| Date | Price | |
|---|---|---|
| Entry | 4/26/2024 | 7.354 |
| Exit | 4/29/2024 | 7.638 |
- Total Views442
- Position Size5,000
- Percentage3.86%
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