Small trade may be attempted on
MEDP
. Idea is that after yesterday's gap and strong rally during trading session, highly likely that gap is runaway gap. Such gap usually happen in the middle of the move, and thus price may target region ~90. Stop should be at the top edge of the gap at 74.27. Trade suggests around 2:1 in reward/risk potential.
MEDP
. Idea is that after yesterday's gap and strong rally during trading session, highly likely that gap is runaway gap. Such gap usually happen in the middle of the move, and thus price may target region ~90. Stop should be at the top edge of the gap at 74.27. Trade suggests around 2:1 in reward/risk potential.