Alnylam Pharmaceuticals, Inc.
Long
Aggiornato

ALNY getting near support level

67
$120 has been a solid support level for some time now. I'm hoping to buy at $121 and ride it up when it bounces.
My stop loss will be pretty tight at around $118.
I think my target will be $132.
RSI is also about to hit oversold levels.

The only thing that worries me is that the whole chart has made a head and shoulders pattern. Also, the market has not been happy these past few days.
Trade attivo
I got entered into my trade at $122.
Today they won some kind of award for biotechnology.
finance.yahoo.com/news/alnylam-wins-prestigious-prix-galien-110000616.html

RSI is really low. I'm hoping for it to bounce soon
Nota
It's looking good so far. I'll set a small target at $132
Nota
I was not expecting such a huge gap up. I sold some at $137.
I have 1/3 of my position left. I'll put in a sell order at $140 to sell the rest of my position.
Trade chiuso: obiettivo raggiunto
Well that was fast. I'm out of ALNY for a total gain of about 10%
I'm going to keep an eye on it to see if it retraces. I might get back in

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