markettimer777

IMGN - Maybe wait until mid June to Try Re-Entry

NASDAQ:IMGN   IMMUNOGEN INC
Failed on IMGN first round - OUCH!!!

Next entry will be based on 3 hour chart - 34 SMA crossing 500 Hull MA ( guessing it will be early-mid June

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Comments

Trading individual stocks is a dangerous business. No matter what the charts say, news can come out that destroys the position (regardless if you are long or short). I mostly stick with indexes/etfs now, having learned that lesson years ago.
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