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

Submit a Comment

Your email address will not be published.


Your ultimate source of knowledge about the markets.

Recent Posts

Get Our Free Daily Trading Videos

Delivered To your Inbox

By submitting your information you agree to our Terms of Service and our Privacy Policy