Performance
Ask yourself this question:
“How many services can recommend a short sale within a percent or two and day or two of an exact countertrend high, then cover and go long within those same parameters….. and then take profits again—all in less than six weeks?”
Bigoen (BIIB)
BIIB was the first big cap biotech recommendation we made to clients in 2019 after the formation of Code Yellow Research. As can be seen using our methodology we were able to put the short trade on at virtually the exact counter trend high of $337 on February 7th.
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The stock immediately plunged to the $306 level and then rallied back to our defined resistance where we recommended shorting it again on February 6th with an even tighter stop.
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On March 8th we covered our BIIB short at $307 virtually the exact low before a substantial bounce to over $330 in the following week.
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