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- Munny Tree Trade Alert: 7/15/2023
Munny Tree Trade Alert: 7/15/2023
Selling a Position for Large Gains
New Sell Alert
We are selling one of our positions today to capturing large gains. See the details below:
Ticker: LEGN
Name: Legend Biotech
Sell Price Range: $57.07 +/- (Limit order)
Profit/Loss: 25.0% Gain
Why We are Selling: It is reported that LEGN is in acquisition talks currently which caused the stock to spike up on Friday (last week) afternoon. We were already up about 8% on this position and this caused a big gain. We have placed a limit order at $57.07 to capture 25% gains once the stock hits that price (assuming it does). If it does not hit this price today we will send out a new alert to either sell at market price or adjust our strategy.
We see potential in 2 new positions. See the details below: