Butterfly Network Ready To FLY!

25. Juni 2021

This is a stock that is backed by Ark Invest and Bill Gates. It took a hit and has been working it's way back, we see it in a bull flag right now holding above the 50 dma which is a good place to rest before take-off. I would look for a breakout heading out to the 20's...now it is smart to scale out of a trade looking for pulling profits at 20% ROI or so and always manage the risk with a good breakout and a proper 7-8% stop loss. This is for the trade, long term we would look at more fundamentals!