[AVDL] Small Caps land for a pharmaceutical position
This asset has been in my watchlist for a while, with a lot of good entries on it for a long term bullish scenario.
Here we can see a lot of confluence on this level for a potential long entry. We have multiples support from different timeframe (daily one and 4h one too), the fibonacci retracement level perfect bounce (needs to hold it now) and a liquidity trap.
This asset can fall very quick so let's be flexible on it and cut the position when the price come back at us
Great Trade !
Here we can see a lot of confluence on this level for a potential long entry. We have multiples support from different timeframe (daily one and 4h one too), the fibonacci retracement level perfect bounce (needs to hold it now) and a liquidity trap.
This asset can fall very quick so let's be flexible on it and cut the position when the price come back at us
Great Trade !
Comment:
As I told you previously, I took an SL and then I had a very strong long signal.
Second position : After the fake breakdown of $12.5 I took a long at the $13.0 level for a swing long position on this stock $AVDL.
Earnings are coming and the company is very healthy so let surf on this fondamental.
Second position : After the fake breakdown of $12.5 I took a long at the $13.0 level for a swing long position on this stock $AVDL.
Earnings are coming and the company is very healthy so let surf on this fondamental.
Will publish it soon for a swing position with decent conviction on it.