$EDITNice bounce off resistance and fib, broke out of falling wedge. Buying any pull backs so long as we close above black line stop loss would be a little below last candle breakdown.
EDIT trade ideas
EDITClearly a lot of value has been lost in the past month. The CSO stepped down and analysts downgraded projected revenue. EDIT has very lucrative candidates in the pipeline treating sickle cell anemia. Long-term, this company will most certainly be profitable, with significant patent protection. This is a short term down draft that is consolidating, for the near term, around a non-speculation, fair price of $63.
$EDITEntry price : 83.81
Fundamentals :
- Sector: Medical - Biotech
- EPS % Chg (Last Qtr): 130%
- EPS % Chg (Previous Qtr): 38%
- 3 Year EPS Growth Rate: 0%
- EPS Est % Chg (Current Yr): 0%
- Sales % Chg (Last Qtr): 1532%
- Sales % Chg (Previous Qtr): 361%
- 3-Year Sales Growth Rate: 44%
- Annual Pre -Tax Margin: -651.4%
LONG - Ready for it's Next Leg Up.Im bullish with EDIT here - Price is sitting on support and FIB 50% retracement level.
Looks like EDIT is ready for it's next move up.
Double bottom breakoutArk has bought up a lot of this along with crspr.
Held that 61$ support line and bounce off with nice volume.
Double bottom conformation line (Yellow)
entry 67$
Targets are green lines
EDIT 3 day CMF crossing down 0 line
For the first time since the parabolic move CMF goes down 0 line which signals a potential down trend in the making. Be a little more cautious in the near term.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
EDIT 3 day chart bullish signalI started covering CRSP/NTLA/EDIT way back last year in August while they haven't caught people's attention staying under the radar. Now they have made significant move but the move will continue it seems.
EDIT 3 day chart shows hidden divergence of StocRSI while price staying above key MAs.
On the near term EDIT might see some selling pressure it looks like with the day chart bearish Pin bar. watch out for some good buying opportunities.
Holding positions.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
$EDIT - entry at $80Entry at $80 with volume and then again @ $83.
Riding to $100 is the goal
Wait for the trade to come to you.
$EDIT - which way will it go? This is one of my favorite genome stocks.
$CRSP is my other favorite.
It has a pattern showing it could go either way.
ARK likes it, I like it, i've made a lot of money in options and now i hold commons
If it dips to $70, its a no brainer buy for me. Holding to $100
Crispr is here to stayLooks like a lot studies are reporting positive news, I think there is going to rally within crispr stocks.
Fibonacci sequence currently in HIGH ALERT. 🥵 My technical analysis represents my thoughts and opinions and should not be used as trading advice or investment planning; as we see today we had an explosive move towards the upside now after tracing off The Fibonacci sequence starting from the low of the day towards the high we can see various levels of support one being $80 0.5 in the sequence of Fibonacci. If prices hold at this level or levels $78-$79 looks up by contract calls for this week at the strike of $90. Look for a move towards the upside for 10% with volatility and then offload calls and reposition if needed. I hope my insight can be helpful and I hope y’all can make some money!
High Tight Flag on a power play opportunityNASDAQ:EDIT Big time power play on the high tight flag. Volume is coming right down as the trading range is getting really tight. I will be looking for a buy through Dec 17th high to break
the descending resistance with a tight stop on the hourly intra day or lod.
$EDIT at risk Must hold the uptrend or its at risk of breaking down to possibly fill the gap?
Will be watching this closely. If it maintains the trend line, it could be gearing up for a another rally.
Editas just getting startedNo need to say anything here, the structure will play out, looking to enter on first 5 min OS then first 15 min OS and first 1 hr OS
