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davidhaiyangzou
May 5, 2020 6:06 PM

Waiting to breakout..... or NOT 

BioCryst Pharmaceuticals, Inc.NASDAQ

Description

Stop loss $3.3
Buy at $4.4 if close above it
If I can only lose $200 here, my share count should be $200/(4.4-3.3)=182 shares
there may be chance to add more shares along the way
Make sure your move your stop loss up if it will go up along the way.

Remember: Your goal is not to calculate how much money you can make, but how much you can afford to lose.
There always will be a opportunity in the future, only if you still have money to stay in the game.
Comments
willliams17
Thanks Sir
davidhaiyangzou
@willliams17, you are welcome. I personally won’t go in here, as main trend is down still. If you are in, set your stop loss and profit taking target. Don’t get greedy
willliams17
@davidhaiyangzou, Thanks Sir. Excuse me, Do you have any stock proposition for short term and or long term. I am a beginer. Thank you Sir
davidhaiyangzou
@willliams17,

I am in GOLD, LOGI and some NASDAQ ETFs.
Short term tech stock is good. Also consider WORK for next week.
Long term, Gold Miner stocks are interesting.
Missed MRNA on Friday, may consider it if pull back.

Due to market volatility, play with caution.
willliams17
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