-SGMO is shaping up to be a high-potential trade with both short- and long-term upside. After entering an uptrend in late 2023, the stock is showing strong bullish signals, with technical indicators and moving averages pointing to a favorable buy zone. Fundamentally, it's hitting a key turning point — EPS is moving from negative to positive for the first time, and revenue is projected to grow from \$50M to \$200M by 2028.
-Typically, SGMO experiences a major price jump every year, and it’s currently coming out of a low period. A breakout is expected within the coming month. Even under conservative estimates, a 200% return is possible in the near term. But if SGMO revisits its historical highs around $20 — a level it’s touched multiple times in the past — the upside from its current $0.50 range could exceed 4,000%. The financial structure is far stronger than it was during previous lows (like March 2020), making this a classic high-risk, high-reward setup worth watching closely.
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.
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.