TomProTrader

Anthera Pharmaceuticals, We had a good run here!

NASDAQ:ANTH   None
2
Well done to everyone who bought this idea along with me when published a while ago. I made around 1,30 per share. Considering their price, This is if i'm not mistaken around 40% of the value of the stock!

We finally closed out position today after a doji candle, and the small gap down, creating an evening star type signal. It could have engulfed but market looks like it's topped so I was happy to take profits here

I of course applied reasonable leverage for this buy due to the fact I could use a tight stop loss as the situation was clear.

I made a very good sum here.

In hindsight, the risk reward of the trade was around 9 :)

Thank you for letting me share my ideas,
Tom
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