Bullish engulfing, possible recovery
Not long yet but a potential recovery in the works. Interesting company and biotechs have been in favor recently. On watch for a break over the marked fib.
Comment:
No position initiated. Impressive move today above the fib at 67.13 into the 70's but could not sustain and closed under the entry fib on market weakness. Will revisit upon market strength. Potentially a better common share hold versus options.
Comment:
Beautiful move that I let get away from me. A common theme -- I am not pulling the trigger on good moves that I identify.