$NOVN can rise in the next days

19 de jan. de 2021

Contextual immersion trading strategy idea.

Novan, Inc., a clinical development-stage biotechnology company, focuses on the development and commercialization of nitric oxide-based therapies to treat dermatological and oncovirus-mediated diseases.

The demand for shares of the company looks higher than the supply.

This and other conditions can cause a rise in the share price in the next days.

So I opened a long position from $1,27 ;
stop-loss — $1,09.

Information about take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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25 de jan. de 2021

Trade ativo

1/4 closed at $1,45
stop set at $1,19

1 de fev. de 2021

Trade fechado: stop atingido