INBX 1H TRADE IDEA got into the box after the false break out I see it will break make an attempt to exit the box balance area once more 2:1 trade idea
INBX trade ideas
Short/Long $INBX Trade IdeaAs we can see $INBX "ping pong" between is "R"=resistance and "S" =support levels
Im the case he break is support we got a high chances he will retrace to close his gap or a t least check the gap horizontal support line there is no structure in the way down but recent candela from the prior month shos the move down need to be execute quickly
Final notes
Take a trade in day when INBX Breaking support and sell in day when starting to see a pattern of bullish such as : double bottom& head&shoulders ext...
in case he will break his resistance
I would like to see him balancing on the resistance he broke confirming it's now using it as support with a good candle pattern on the weekly and volume i can watch for a long position for the next 6 weeks
$INBX is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Inhibrx is advancing a pipeline of candidates for the treatment of various rare cancers and AATD.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $26;
take-profit — $46;
stop-loss — $19.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
