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jevanss25
23. Mrz. 2021 22:48

SRPT - Long  Long

Sarepta Therapeutics, Inc.NASDAQ

Beschreibung

This is a stock ive lost on before - so be warned

However, it seems so oversold and if price pushes lower I will likely re-enter, the stock has a strong pipeline of goods and has had some good news recently (Amondys 45 FDA approval) which hasnt really been reflected in the stock price.

RSI is touching oversold
Average Analyst price target is still $130
Price at multi year lows

I think taking multiple small positions is the way to play this, to scale in, and allow for protection from the continuation of the sell off in the short term

Trade geschlossen: Stop wurde erreicht

This trade never really got going so I am out of it
Keeping Sarepta on my watchlist
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