Plan for potential "ape" spread
Updated
Just a small idea.
I like this company; been trading it since 2018 and the pandemic.
"In case" the Monkeypox virus spreads, this could be a decent hedge. We saw
SIGA with huge gaps last week (similar play), which likely will open higher on Monday.
According to one source; It's spread through droplets and/or contact with infected lesions; skin contact coughs, etc. In other words, this is nothing you only inhale, like Covid"
By that, hospital staff would need to wear full protective gear (In worst-case scenario).
Alpha Pro Tech makes "high-value disposable Personal Protective Apparel and masks", and I, therefore, expect it to extend its weekly base building and breakout.
Entered Thursday. Had a nice PocketPivot and wedge BO from Friday.
Stop: 5% start. When 5% gained -> moved to B/E before trailing 5%/ma10.
Not my classic setup, but there are not any good breakouts in this market anyway :)
Good luck next week.
I like this company; been trading it since 2018 and the pandemic.
"In case" the Monkeypox virus spreads, this could be a decent hedge. We saw
SIGA with huge gaps last week (similar play), which likely will open higher on Monday.According to one source; It's spread through droplets and/or contact with infected lesions; skin contact coughs, etc. In other words, this is nothing you only inhale, like Covid"
By that, hospital staff would need to wear full protective gear (In worst-case scenario).
Alpha Pro Tech makes "high-value disposable Personal Protective Apparel and masks", and I, therefore, expect it to extend its weekly base building and breakout.
Entered Thursday. Had a nice PocketPivot and wedge BO from Friday.
Stop: 5% start. When 5% gained -> moved to B/E before trailing 5%/ma10.
Not my classic setup, but there are not any good breakouts in this market anyway :)
Good luck next week.
Trade closed manually
Stopped, 8%.
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