CRSP trade ideas
$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
Lader Be nice to see this get some traction and back into the yellow channel, may just consolidate in the green channel for a bit yet too. Blue lines will be support and resistance. I think it could go to $60 range.
Still waiting for $44.49 (updated)Still in a downtrend until confirmation of an uptrend. $44.49 seems to be the next swing opportunity.
CRSP Bull RocketAs we see here the volatility is steadily increasing and is possible going to break that line and rocket up who knows how long...
CRSPLooking at the chart it is testing the previous swing and if it holds up it will continue towards its previous high.
Looking for a retracement to the 0.5 Fib extension @ $42.26Short-term bearish - the 50MA is curling downward. Should find some support at the 0.5 fib retracement level at $42.26.
CRSP LONG breakout potentialCRSP got some attention a few months ago with the Netflix series "Unnatural Selection" in which it melted up for a while before crashing down on profit taking
As CRSP broke its minor downward trendline and came back down to a retest, a long position with a good reward to risk ratio can be entered with a tight stop.
Factors leading to the decision:
The recent downtrend has been broken after price recently bounced at a major support line
The 20ma was broken, pulling in moving-average traders off the side-lines
A recent low offers a perfect spot to put a logical technical stop
Price is now finishing a retracement after bouncing off recent highs, so we can avoid that pain by entering now that the retracement seems to be flattenting out
As always, respect a tight-stop. If it rips up, let it run and trail stops behind.
CRSP - Month was on td 9 perfected sell set up, week on imperfected buy set up ,what it meant to me, next possible rebound at @ 46 but this stock can easily test the low range at PRZ 38.50
Is CRSP trading in a descending triangle or bull flag?Key Takeaways
A descending triangle is a signal for traders to take a short position to accelerate a breakdown.
A descending triangle is detectable by drawing trend lines for the highs and lows on a chart.
A descending triangle is the counterpart of an ascending triangle, which is another trend line based chart pattern used by technical analysts.
Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in which the consolidation takes the form of a symmetrical triangle. The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often results in a powerful move higher, measuring the length of the prior flag pole. It is important to note that these patterns work the same in reverse and are known as bear flags and pennants.
EOM.
