Something is coming for GRPHDid a google search on the advancements in medical science and it is said that we are moving at an exceptional rate, doubling in its movement every few months.
Graphite Bio is a gene-editing company. Without doing much research on the company itself I know that this area is a sizeable area of research and development for quite some time now and a breakthrough is bound to come around sooner than later.
Medical science will never move backward, things can only get better from here.
The technicals
This area looks simple to me the MACD on the daily doesn't look like it wants to go any lower with the bullish cross also in progress.
The RSI also looks completely oversold
PA also looks too weak to push any lower
Invest wisely
I believe great things are coming for buyers on of this stock