CRISPR Therapeutics AG
Long
Updated

$CRSP Consolidation Channel Long Right Now

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CRSP has formed a perfect consolidation channel between $86 & $97. The daily squeeze momentum is turning positive after this 6 week consolidation and looks ready to make a move to new highs, potentially above $100 to $120. Long CRSP and other gene editing stocks like EDIT TWST NVTA NTLA CLLS which have very similar setups/positive momentum. Buy the 9/18 $100 calls for around $5 and stand to make out nicely on a breakout move above $100.
Note
Didn't expect this to move so quickly but daily squeeze did not release, just a red-to-white dot move. Still in play for more upside. snapshot

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