The challenge I have here is different than it was in this second runup.
First time, price almost tripled in only two session. I sold and took profits as it was almost tripled. I knew little about the company and what it was doing. The price/volume Momentum attracted me to buy.
This time I entered at $5.25 and a doubling of my investment is almost here again after few sessions. This is a different situation. Biotech is on fire.
The support level is moving up as price will fluctuate as price will go higher.
I won't be selling as price even triples. BNGO is doing important genetic sequencing work. Demand by Health Care industry for these info is important . Big&Smart investors are aware in anticipation of the potential. Besides normal price fluctuation the Uptrend is strong at this time.
As I am optimistic, I will keep holding my position at this time.
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