financialSnail88674

MORF in an uptrend

Long
NASDAQ:MORF   Morphic Holding, Inc.
I am buying it at 31-32 if it finds the support within next 1-2 weeks.
If not - alternatively will buy at 22-26 level.
Take-profit - 44.
Comment:
Buying today
Comment:
Setting 11% trailing stop-loss and continue watching the ride
Comment:
Stop-loss triggered, got 20% profit.
I am sure it has more potential, but will see how it develops before buying again.
Comment:
It seems to have found new support @ 34, so may be a buy signal.
Comment:
amazing move today
can take profit, or else set a trailing stop-loss and watch it move higher
but I think it will retrace back to lower levels first
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.