EDIT - EDITAS Genetics time to accumulate and play bounceHello all, Notice MACD, RSI and 50 day MA trends for EDIT. I am planning to accumulate calls this week and some last week to play the bounce signaled by RSI and MACD into the JPM healthcare conference on the 15th where these biotechs present promising results and play pop.
Plus biotech is a risky defensive bet - mutually exclusive of Iran - these biotechs are still getting bought out and FDA is approving new drugs like candy.
