$DSGN - Russell 2000 WholesaleWholesale Area: $2 -$8
Retail Area: $22 -$25
Golden Ratio: $45
Design Therapeutics, Inc. operates as a biotechnology company that develops therapies for serious degenerative disorders. It is created to design, develop and commercialize a novel class of small molecule therapeutic candidates (GeneTACs) designed to directly address the underlying basis of genetic disease.
DSGN trade ideas
$DSNG Gap Fill$DSNG had Director 10% - George Simeon buy 900,000 shares on Dec. 20, 2022 and Rodney Lappe, DIR bought 112,024 shares on December 9, 2022. This tells me they are bullish about their company. I also see the MACD sellers cooling and some nice volume coming in. Many are at the $8.06 level and the $16 level. I will wait for the MACD to cross for an entry. But the blue lines are entry and exit points based from support and resistance.
$DSGN is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Design Therapeutics is a biotechnology company developing a platform of gene targeted chimera (GeneTAC™) small molecules for the treatment of serious degenerative disorders caused by inherited nucleotide repeat expansions.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $29,32;
stop-loss — $19, 40 ;
take-profit — 23,49/MOC price.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
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