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jaxdog
Nov 18, 2019 8:29 PM

$CERN Has it broken the down trend? Long

Description

CERN looks to have broken the down trend yesterday. Look at that volume! It's given most back today but look at the much lower volume... I'm now long Mar 2020 in the money calls with a tight stop at the 200 MA ($66.46)... ideas not trading advice.

Comment

Dec 12 I'm still in this one and moving my stop to $70. With that stop this is now a no lose trade. I will continue to hold until there is a reason to sell. It's also basing right here and if it has another high volume up day I'll add to my position. Idea, not trading advice.

Trade closed manually

12/17 I've been in this name since mid November. It keeps moving sideways. I've closed the trade for a large gain. I may get back in after additional consolidation. If so, I'll post as a new idea.
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