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BeardedQuant
Jun 22, 2020 1:29 PM

Breakout Long

Alexandria Real Estate Equities, Inc.NYSE

Description

High Relative Volume for past few days. expecting a run up. As previous breakout gap has been filled and potentially poised to halt for couple of days and then a run up is expected.

One negative point - last trading day stock was down with the relative volume of over 5

2 positions
1. 1 ATR target
2. trailing stop for every 2 ATR move.

Stop - Close all if market takes out 1.5 ATR.
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