Daily chart, the stock rebounded from the support line S, and should target the falling Resistance line R at around 2.55 Crossing resistance and trading above 2.55 for 2 days, the target will be 2.30 extending to 2.47 Technical indicator RSI is in the BUY area.
A pretty compelling argument for a classic Wyckoff Accumulation pattern. We know some people like Woods are investing heavily into this market, so it's not a long shot to assume there are others. Whether we see a spring or LPS our way up to SOS is TBD, we could shoot in either direction as it stands. PTs are at $7-$15 according to analysts. This seems to line up...
$DNA Ginko Bioworks Sell exhaustion. Bullish divergence on weekly Target $2-$3
Earnings are coming out next week (14th), it could spark a run here on DNA. This is a great R:R swing trade, one of the best setups I could find recently.