🧬 $OLMA (NP) had another 10-day pocket pivot today and reached a new 52-week high, currently trading at $12.89 as of 9/15/2023. Since I initially acquired a position below $5 on 6/10/2022, it has surged over 2.5X 🎇. I've been actively trading it since.
Now a Pharma Biotech company with a market capitalization of $533M 🧬, it averages a trading volume of 257M shares.
While I currently hold No Position (NP), I'm contemplating re-establishing a Long Position if it surpasses $13.25 or experiences a pullback to the 21-day EMA or the 10-day SMA, as indicated in this IBD LeaderBoard chart.
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