Beam $BEAM Long In the case of Beam Therapeutics ( NASDAQ:BEAM ), the weekly chart displays a promising pattern characterized by a higher low, indicating a potential bottoming process in the stock's price movement. This higher low suggests a reversal of the previous downtrend and potentially signals a shift towards
Cathie Wood is long BEAM, But I will be Strong Short #CathieWood
Baught this stock...I analyzed it....and …...well....I would do exact the opposite......
But why?
Technical Analysis
Let forget eveything you know about technical analysis, and let together tell this story....logically..
At
76-71 USD AGGRESSIVE SELLERS FORCED THE PICE DOWN
29,72
March Gainers (BEAM, account up 1%)2nd gainer in March is BEAM . Holding period is 0 days (3/13/23-3/13/23). Account is up 1%.
This month till today, my account is up 2%
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
1/4/2022 NASDAQ (BEAM)Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $59.14
Target Price: $56.35
Stop Loss: $63.79
28/3/2022 NASDAQ (BEAM)Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $57.83
Target Price: $55.93
Stop Loss: $61.00
24/3/2022 NASDAQ (BEAM)Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $59.01
Target Price: $57.11
Stop Loss: $62.22
22/3/2022 NASDAQ (BEAM)Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $61.47 / $60.27
Target Price: $58.83 / $56.91
Stop Loss: $65.87
3/3/2022 NASDAQ (BEAM)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $74.49
Target Price: $77.76
Stop Loss: $69.04
Beam me up, Scotty! BEAMWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistic
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Displays a symbol's price movements over previous years to identify recurring trends.