Slides show some of my best trades (past 12 mo only) in Biotechs: $ETNB $OLMA $FMTX (a buyout by $NVO).

Other (non-Biotechs) great trades that were also executed in the past ~12 months: $LSCC $IOT $EDU $BILI …

Disclosures:

1️⃣ POSTS ≠ ADVICE;

2️⃣ Do not follow me if you don't understand risk management & diversification!

Also, based on your risk level, choose your own stop-losses;

3️⃣ Like any good trader (with asymmetric results), I make mistakes and bad trades.

In most timeframes less than 50% of my trades result in losses;

https://void.cat/d/PUqXBnePo9ahVBHGZnRfg3.webp

Here are the hyperlinks for the time stamped trading for these stocks:

FMTX +100%

https://stocktwits.com/NorthWestHawk/message/482447155

OLMA +30%

https://stocktwits.com/NorthWestHawk/message/473266220

ETNB +23%

https://stocktwits.com/NorthWestHawk/message/519387809

ETNB +31%

https://stocktwits.com/NorthWestHawk/message/511081139

ETNB +39%

https://stocktwits.com/NorthWestHawk/message/504973452

LSCC +26%

https://stocktwits.com/NorthWestHawk/message/512318532

LSCC +26%

https://stocktwits.com/NorthWestHawk/message/512538817

IOT +32%

https://stocktwits.com/NorthWestHawk/message/516016425

IOT +26%

https://stocktwits.com/NorthWestHawk/message/515461419

BILI +70%

https://stocktwits.com/NorthWestHawk/message/499914784

BILI +56%

https://stocktwits.com/NorthWestHawk/message/499665541

EDU +51%

https://stocktwits.com/NorthWestHawk/message/500601182

EDU +74%

https://stocktwits.com/NorthWestHawk/message/505784646

[END]

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Discussion

🧬 $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.

#NorthWestHawk_Trading

#NOSTRiches_Stock_Trading_Community