N/a
-Positive Recommendation by NICE for first anti-CGRP migraine therapy: AJOVY® (fremanezumab)
-Broke below 7.80 death line on 15 minute chart
-Levels: 7.30, 7.80, 8
FT-15 short of 7.80 level from yesterdays low / close
Lots of confluence for this trade but I think it didn't work because its float is huge and it was consolidating before it tested the 7.80 level. Took my stop and moved on.
Lessons Learned:
1. Don't trade FT-15 if its consolidating right below the level (like the TEVA trade)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-03-13 12:53:11 | TEVA | sell | $7.760 | short |
2020-03-13 12:56:28 | TEVA | sell | $7.760 | short |
2020-03-13 13:05:29 | TEVA | sell | $7.750 | short |
2020-03-13 13:25:38 | TEVA | buy | $7.850 | 0 |
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