2-5-2021 This stock started selling high volume at end of trading session. Large orders of 2+ million began coming in. "Thats not your aunt Helen's money".
Bought at 5.22 ; sold 1/2 positon @ 5.91 and 6.16. The stock then went on to trade up to 8.61 in after hours.
I expect the price to be very volitile in early morning trading on Monday.
My average cost on remaining shares is 4.22. I don't expect it to drop below the closing price of 5.25. This is a risky venture (buying on such a large advance) but I took the trade for these 3 reasons:
1. High volume at end of trading day on Friday when most are usually trying to close positions. This is what NVAX did on Thursday 1/28/2021. Sensing a similar path.
2. Looked like institutions really wanted this stock based on volume and large orders of over 2 million.
3. Catylst .. Covid Vaccine that might be safe for children.
I usually dont chase a stock but this one was irresistable.
This is not trading advice. Make your own trading decisions based on your research.
This is for educational purposes so I am open to any comments on this trade.
Bought at 5.22 ; sold 1/2 positon @ 5.91 and 6.16. The stock then went on to trade up to 8.61 in after hours.
I expect the price to be very volitile in early morning trading on Monday.
My average cost on remaining shares is 4.22. I don't expect it to drop below the closing price of 5.25. This is a risky venture (buying on such a large advance) but I took the trade for these 3 reasons:
1. High volume at end of trading day on Friday when most are usually trying to close positions. This is what NVAX did on Thursday 1/28/2021. Sensing a similar path.
2. Looked like institutions really wanted this stock based on volume and large orders of over 2 million.
3. Catylst .. Covid Vaccine that might be safe for children.
I usually dont chase a stock but this one was irresistable.
This is not trading advice. Make your own trading decisions based on your research.
This is for educational purposes so I am open to any comments on this trade.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.