LONG | LENZ NASDAQ:LENZ
**Rare Opportunity"
Pattern: Cup and Handle Formation
Bias: Bullish
LENZ has developed a well-defined Cup and Handle on the weekly timeframe. The bullish breakout confirmation comes with a sustained close above the $38.93 neckline, which aligns with a multi-year resistance zone from its post-IPO decline.
Neckline (Bullish Trigger): $40
Cup depth: Formed over ~3 years, showing prolonged accumulation and seller exhaustion
Target 1 (TP1): $64.40 – First major resistance and measured move projection
Target 2 (TP2): $89.04 – Historical supply zone
Key support: $27.62 – EMA confluence & structural base
Trade Idea:
Entry Zone: Above $38.93 (confirmed breakout close or retest)
Stop Loss: Below $34 (breakout invalidation)
Note : Weekly cup-and-handle breakouts often run for months when backed by volume expansion. Keep an eye on biotech sector sentiment and company-specific catalysts, as these can act as breakout accelerators.
LENZ
How Does VIZZ Redefine The Future of Vision Care?LENZ Therapeutics, Inc. is rapidly establishing itself as a dominant force in the presbyopia treatment market following the FDA's approval of its VIZZ eye drops. This aceclidine-based solution, which restores near vision for up to 10 hours, has been met with a highly positive market response. The company's stock has soared, reaching a new 52-week high, with analysts issuing "strong buy" ratings and setting price targets up to $56. This success is underpinned by strategic initiatives across multiple domains, from global expansion to technological innovation.
The company's growth is fueled by a savvy geopolitical and geostrategic approach. By forging licensing and partnership agreements in key markets like China and Canada, LENZ Therapeutics is mitigating risks associated with global trade tensions and solidifying its position as a leader in ophthalmic innovation. These deals, with CORXEL Pharmaceuticals and Laboratoires Théa, provide substantial milestone payments and royalties, diversifying revenue streams and accelerating the commercialization of VIZZ. Macroeconomic trends, such as an aging global population and rising healthcare spending, further amplify the demand for non-invasive treatments, positioning LENZ for sustained growth.
VIZZ’s technological superiority is a key differentiator. The drops work by selectively contracting the iris sphincter to create a pinhole effect, enhancing near vision without the common side effects like headaches or brow ache associated with competing treatments. This scientific breakthrough, backed by robust Phase 3 trial data, has been protected by a strong patent portfolio covering its unique formulations and methods. Additionally, the company's commitment to cybersecurity and high-tech delivery methods ensures the integrity of its data and the efficient distribution of its product, building investor confidence and securing its competitive edge in the evolving biotech landscape