Kimuno

Possible short position in BAVA

Short
OMXCOP:BAVA   BAVARIAN NORDIC A/S
BAVA has since March been in a uptrend moving up and down in a tunnel. Inside this tunnel, there is now a tunnel going down. If it follows this trend possible entry could be 317 and target at 288, for a 1-2 risk/reward. Stoploss at 328,8. It will proberbly go a little further down, before it goes back up again, should it follow the general uptrend.
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