SLRN - long - catalyst and huge gap

Updated
Acelyrin Inc is a late-stage clinical biopharmaceutical company. It is focused on providing patients life-changing new treatment options by identifying, acquiring, and accelerating development and commercialization of promising drug candidates.

This is not a financial advice!

Upcoming catalyst on 31st. of March

We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.

10.76% short float

Rel. Vol. at 2.48

Block buys and Passive Stakes

Keep an eye on 10.0, 13.0 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.

SL under 7.2

TP approx. 16 ( if we fill the gap we might go to 27)

Most info on the chart.

Trade carefully!
Note
hmm maybe last spike was a fake out - keep ur SL tight
Chart PatternsFundamental AnalysisTrend Analysis

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