Vericel Corporation
Pembelian
Diupdate

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
Catatan
Big reversal. Trailing stops go up to 6.50.

I re-entered at 7.05
cuplikan
Catatan
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.

cuplikan
Trading ditutup: target tercapai
Took profits on 33% of the position at 12.40

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