CRSP/N trade ideas
Crispr Update (CRSP): Short term levels to get longEntry is targeting the following
- Between the .382 - .618 retracement
- convergence with the 50 week moving average
- convergence with the 2 year trend-line
Original Analysis
Completion of Wave 5 Impulse - now on ABC corrective patternImpulse wave 5 is complete - will be on a corrective ABC pattern heading to FIB retracement support levels.
CRSP: Crisper Looking good in those GenesThis has broken past horizontal resistance. Could go to height of the channel.
C & HIf you look back to 2019 there is a prior high at the top of a wick of $74 that appears to be a shooting star on the weekly time frame.
So hypothetically entry would be over that high at 74.10 (ish) (stock is overbought on daily)
Stop: Under handle low which is under 57.50 (ish) A bit of a wide stop )o:
Target 1: 90 to 99
Target 2: 127 to 140
I am waiting on the breakout on this one since it is so close to it today and the stock in overbought. Also the prior high was not solid in my opinion, but I like the stock
Biotech is hot right now but in the past, a very risky sector..this is just an observation..so be safe!
$CRSP - Bull flag breakout - Potential Target $74We are seeing a nice breakout on $CRSP, It may soon rally back to ATH -$74. If it holds price over $74 then the next target is $78.
CRISPR - Book Profits?I do think CRSPR is a long term buy, I just can't trust anything in this market.
I am going to try to book profits around $68 and look to buy back around $22. I could be making a mistake but you gotta take those profits when you see them.
Please don't take this as financial advice. Trade Wisely!
$CRSP double cup and handle Moving up my price target to $95 as the last cup and handle broke out and formed a larger cup and handle.
CRISPR Therapeutics $CRSP$CRSP is closing the resistance since May 2018. The volume is above the average. watch for rsi resistances as well.
$CRSP Cup and handle Missed the original break out of this cup and handle but bought in after hours. Targeting $73 as the bottom of the cup is $34 and top is $53.5. Also I like there gene editing technology for a longer term play.
PANDEMIA FACINGThis Company engages in the development and commercialization of therapies derived from genome-editing technology. Its proprietary platform CRISPR/Cas9-based therapeutics allows for precise and directed changes to genomic DNA . CRSP and Vertex creates new possibilities in medicine to cure diseases and improve people's lives. We work with leading researchers, doctors, public health experts and other collaborators who share our vision for transforming the lives of people with serious diseases, their families and society. The company itself still seems to manage and operates even we're facing crisis e.g. The COVID-19 pandemic.
CRSP - WatchOne to watch. If it can clear out of this resistance area this week or next, it could do really well for awhile. Otherwise, wait for fall back to trendline.
CRSP Breaking Out Bullish trend reversal suggests price wants new highs. This is for informational purposes only and does not constitute as investment advice. Trade at your own risk
Short $CRSP - Bearish shooting star candle after extended rallyShort $CRSP - Bearish shooting star candle after extended rally and at resistance
DressmNice I have fun Watching this thing breathe low time frame it looks like its suffocating but one week older candles looks alive I wonder if that translates long term amazing buy under $35.
Thanks for stoping in.
Shit head
