ITOLIZUMAB CONTROVERSIAL COVID DRUG
Not in this trade but looking for an entry when it does drop and the support level at previous ATH meeting the uptrendline from 2016 would make sense.
4hr time frame we have the 50 day which has been acting as support with us hitting some sort of resistance at 444.
408 looks like a good entry for a short term trade with targets on the chart since am bullish on the nifty till the 26th of August after which i think i should have scaled out of most positions ..
Think this has earning's coming up this week not sure what they would be but technically we are looking good to continue price discovery .
390 is where i'm interested in to enter when it does drop. lets see how this plays out next few weeks.
Just did a quick search about the company and the news, recon the people should fomo into it some more for a nice blow off top so beware!!! enjoy the ride to those on it :)
4hr time frame we have the 50 day which has been acting as support with us hitting some sort of resistance at 444.
408 looks like a good entry for a short term trade with targets on the chart since am bullish on the nifty till the 26th of August after which i think i should have scaled out of most positions ..
Think this has earning's coming up this week not sure what they would be but technically we are looking good to continue price discovery .
390 is where i'm interested in to enter when it does drop. lets see how this plays out next few weeks.
Just did a quick search about the company and the news, recon the people should fomo into it some more for a nice blow off top so beware!!! enjoy the ride to those on it :)
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