Omeros Corporation
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OMER - Waiting for a break- LONG

146
Watching for a break above $14.75. nice base consolidation here. Former runner. Ascending wedge pattern. 10, 20 and 50 EMA forming a nice floor for a stop loss. See if it holds $14 or not. No position yet.

Risk: biotechs normally I avoid, but this has a nice pattern. Also on guard for any overall market weakness which will probably negate this as a potential trade for the future.
Dagangan aktif
Entry -$15.46 GTC
Stop = $13.31 (more than 10% due to swing low)
small share size
Dagangan aktif
Update: Stop to $16.03, trailing with 10 day low
Dagangan aktif
If this has another green day, I will add shares, moving averages look good and rising. Wedging right now.
Nota
Adding more. Looking so good!! Stop will be 10 day low.
Dagangan aktif
Trailing stop 10 day low, currently $16.88. Beautiful!
Dagangan aktif
Stop to $17.49
Dagangan aktif
Trailing stop from here on out (10 day low), position to close itself. thanks.

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