• FDA approves Remdesivir
ADV 9.24 M RVOL 1.46 ATR 1.23 BETA .52 Short 1.5% Inst Own 81.5%
Reading the Tape
I took this on the level and did not take a lot of time watching the tape.
I saw this hit a level that should have acted as support. I entered at the SMA. I took the breaking candle as a stop. This gave me 7 cents of risk. I decide to take it off when this could not trade above 62.08. A high on the last local spike.
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