Biotech - Bearish Breakout
Potential downside breakout for biotech. Still too early to confirm whether it's real or a fake, keep an eye on this one.
Entered 25% position so far, will look to add more if further confirmation appears.
Entered 25% position so far, will look to add more if further confirmation appears.
Trade closed: stop reached
Biotech bounced back hard today. SL hit. Will be looking to enter a long position if it breaks out to the upside to form a completed descending wedge
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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.