Monday, July 10, 2017

Bullish BIIB Trade Update



I'm still in this trade but we haven't been moving as expected. Getting out of the trade and monitoring it would be the prudent thing to do, but we're hugging the 200sma and the 8ema. The 20sma is rising up to meet price and  might supply support in a day or two. Plus a Full Moon cycle starts today which has a bullish tendency on stocks. If we close below the previous swing low I'll exit, otherwise I'll stay in a little longer.

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