$AMLX, following the Bio Techs
The health care industry is being leading the charge, 
AMLX is the proof of that. This recent IPO just broke out of a good looking cup & handle pattern. Also, IBD is giving a 99 relative strength rating.
So, I enter today with a small position. A "pilot position", as Mark Minervini would say. The market is still under pressure so I'm testing it.
As this stock is a highly volatile I'll play for a 3:1 risk/reward.
AMLX is the proof of that. This recent IPO just broke out of a good looking cup & handle pattern. Also, IBD is giving a 99 relative strength rating.So, I enter today with a small position. A "pilot position", as Mark Minervini would say. The market is still under pressure so I'm testing it.
As this stock is a highly volatile I'll play for a 3:1 risk/reward.
Note
Just put my stop loss at breakevenNote
I sold my position at breakeven just be sure. The thing is that the price hasn't break support at its MAs.I'll keep a close eye on this one for thise week's action.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.