
Bought this biotech company based on news for their drug announcement. I didn’t like the price action after I bought, as the stock was very choppy and started to consolidate, got out as soon as it went above my buy point for a small profit/break even. Looking to trade this pattern when the news moves the stock more.

Entry comments: On STTBN I saw notice of allowance for patent and the volume and price jumped. I hopped in on the rising price but it dropped right back and then dropped more after the close.
Exit comments: It dropped to single digit volume AH but popped up and down so I thought that it has a chance to pup over my buy. I set a 5% sell order and waited for it to pop up. After 8am it started to rise and hit my order and channeled at that resistance all morning (good choice). After the open it ran up to 4.42 but no regrets since there was barely any volume.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.







