VCEL monthly breakout

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This is an update to my previous analysis on VCEL. I took profits at 7.70 and plan on re-entering this coming week.

A word of caution - last week shows signs of some probability for failure. This long deserves some caution IMO. A tighter stop may make sense for some, or simply a reduced amount of risk on this trade. Remember the market cap is extremely low so this could pop in either direction very quickly.

This biotech company has something cooking
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Big reversal. Trailing stops go up to 6.50.

I re-entered at 7.05
ảnh chụp nhanh
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Stop goes up as the price has risen. Note, price is trading higher in the last week of the month. This is always a very good sign.

ảnh chụp nhanh
Đóng lệnh: đạt mục tiêu
Took profits on 33% of the position at 12.40
VCELWave Analysis

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