INNOVIVA INC
Updated
INVAFriends, another paper for trading on Monday.
What's on the chart:
1. A strong daily level formed by the hai of the paranormal bar from March 30.
2. Distant retest of the level
3. a 12.3% no-holds-barred rally.
Scenario:
Entry into the short at the breakdown of the level of 12.86
Important: we constantly write about the need to use stop orders to limit losses. This time will not be an exception: trading is a high-risk business. Before you start trading, make sure you know the basics, understand the mechanics of the market, and at least know how to place SL-orders.
Trade closed: target reached
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