Hopefully, the first time is the charm - long SVRA at 5.64Savara, Inc.BATS:SVRAredwingcoachThis is my first time actually trading SVRA. I've been trading biotech a lot lately and have had some very good results. These are stocks that have some risk to them, as they tend to have very large moves on news, particularly about their drug trials. You've been warned. I mentioned in my ASTS idea yesterday how volatility can be flipped and used as an asset rather than treated as a liability and few areas offer more consistent volatility than small/mid size pharma. I intend to use that to my advantage here. SVRA has a beta of almost 2. It is in the midst of a long term uptrend that began last summer. The trend line shown is a more recent trend line. The longer term uptrend line is well below the lower edge of the chart. There's also support about 11% away, but that's really just 1 big day's move away for a pharma stock this size. In a perfect world, neither will be relevant. Similarly to my ASTS idea from yesterday, there will be a two-pronged exit strategy. If this hits +3% from my entry level intraday, it's gone. I'm not greedy. Getting an "average" return here over the past six months of 3% is 70x the average daily return of the market over the long haul. That's plenty for me. Plus, volatility here is a little lower than usual, so 3% is a more challenging target to hit than it might otherwise be. If it does not reach that target by the end of the first trading day where the closing price = a profitable trade for me, then the stock will simply be sold at the close. The goal here is for a 1 day win, something that has happened about half the time over the last 6 months. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.