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LVGO — breakout

LVGO breakout chart
Event date2020-06-16
Timeframedaily
Market cap$2.7B
Volume vs. average1.0x
Risk Reward+6.6
Tagsgap-up

Summary

Small note before the final trade: it had another entry a few days before, and you would've lost on it after it dropped on the second day. Hot sector, pharma during COVID days. Small gap into a breakout after several weeks of consolidation. Sell some after the third day and the rest after a few weeks, after it finally broke below the 10 MA.