Steady Trader Daily Watch: Lessons from the Biotechnology pop and drop

Hey Traders and Investors
They say that from false moves come fast moves. Well, I would like to add that from too-steep moves come ‘very fast’ moves. Such has been the case with the biotechnology sector this week when after an ultra-sharp rally last week gravity began to kick in and led to a sharp mean-reversion move lower. But there was an easy way not to get caught in this pop&drop move.

Watch the short video here: Lessons from the Biotechnology pop and drop

To your success,

Serge Berger

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