RCB1229
Short

Short, waiting, use stops

NASDAQ:KRTX   KARUNA THERAPEUTICS INC
I like the very short term trend lower, however this stock has very positive news in the pipelines. Be careful and use stops when shorting this stock. I like using a stop in the 90-95 area because of the very large swings and I am willing to risk gains for another move lower. I still beleive this is an overbought bounce that should find a home lower than the current valuation.
**I am short - happy trading!

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