Get started
CRISPR Therapeutics AG
Long

$CRSP Consolidation Channel Long Right Now

By UnknownUnicorn7308096
Updated
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 NNVTA 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.
Comment
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
Beyond Technical AnalysisChart PatternsCLLSCRSPNLTANVTATrend AnalysisTWST
UnknownUnicorn7308096

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.