Wednesday, January 7, 2015


I bought ISIS at 68.76 as ISIS broke out of a consolidation area.  This was loose range and does not present a tight stop but I think it's a go nonetheless  Biotechs have the momo and this setup works.
The Weeklies show that after a 2 week pull back this wants to go higher:

MOMO, is another recent IPO that I've traded this year.  I avoided the pull back previously selling over $13 Which I did to lock in gains and to reduce exposure. Now that It consolidates and the market is showing buyers start to return I want another go at it.

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