Sep 22

Enter Long Vertex $VRTX

VERTEX

VERTEX

 

There are so many things to like entering this. I am a day late , as on Friday, we were a dollar short. $VRTX is a bit more extended than we like and therefore we are chasing it right at the edge. Due to this we will certainly be taking a smaller position size. We will be placing our stop at 92.03. In line with the 50 DMA. The market was toilet bound all day , yet $VRTX managed to be one of the few stocks that eked out a small gain. We had a consolidation that started on 6/24 and has been in progress for 3 months. New highs have been made. As an aside note , we could have started this with a swing trade entering at 100.16, but we didn’t

 

 

 

 

 

 

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