Biib - Good Pe & strong market- Bottom fishing?

Take position 223.05
Stoploss at after 222,
Take profit 228
if that breaks, switch to short and ride it to to 205.

But PE is really low for a bio stock,fundamentally, it's good value.
If we get a rally again in the market and sector(LABU) continue to push. this will probably go sideways.

Kommentera:

Market shat the bed and this shat with it.
was a tight stoploss and played for a $5 profit downwards