1CG trade ideas
Is CRSP trading in an Ascending Triangle?It appears as though CRSP is potentially bottoming out and forming an Ascending Triangle pattern.
On the DMI there's been a bullish twist where I have placed the blue downward pointing finger.
On the KST there's been a bullish cross where I have placed the blue check mark and upon back-testing the red line we've seen a bullish bounce where another check mark.
CRSP back to all time highsCRSP has taken a beating over the past few months, but they are still the leader in gene editing. It looks like we are starting to see a rotation of money back into genomics, which will play a crucial role in avoiding these pandemics in the future. CRSP has broken out of the wedge that it has been trading in and we are likely to see a 9/50 EMA cross over very soon. I love this company long.
CRSP - Stonk BreakoutCRSP - Major buy trigger on the daily chart for you stonk investors.
Looking to retest the $170-$220 zone.
Just triple bounced off the 200 day exponential moving average (green line), looking to breakthrough the 100 day exponential moving average (blue line).
Bullish in the long term on CRSPR.
Lets rake in those M's baby!!
Let me know your thoughts on this analysis & CRSP if you are invested in it!
Not financial advice lol
CRISPER, longer term trade. 50% upside Genomic hype has reached its peak almost 3 months ago
(I remember all these youtube channels saying CRSP FUTURE BUY, around + $200. Obviously not everyone can win and was a top)
Now that a significant retracement has happened a reversal is inbound
Weekly chart
TD 9 (incomplete however)
Weekly 50MA support bounce
Head and shoulder top revesal at prior peak, with target of $100 reached, may be ripe for a reversal
Within a 2 month timeframe we may see prices of around $170 - Great for buying options Imo
Happy trading.
CRSP - Ripe for ReboundLooks like Nasdaq is done correcting and looking up now as many stocks have corrected far enough and hit major supports.
One example here is CRSP. It had formed a head & shoulders earlier which followed thru all the way to hit just $2 shy of its H&S target at 98 on 5 March. Bounced and then retested close to this support zone (which comprised both the H&S target and the 61.8% fib retracement of it's entire AB swing up).
Time to accumuate. with initial stop loss slight below it's recent swing low 106. Trail profits up.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
CRSP - BottomingThis stock tends to form double-bottoms months apart. I'm projecting a 2nd pullback to give us our second bottom. This stock has has a very strong year and when it bottoms it bounces are hard and fast. To boot: it's a Swiss company wish gives you a bit of hedging against the dollar. Keep on your watchlist. Cheers!
CRISPR THERAP. - Buy on daily chart - target 182 $Dear traders and followers
the CRISPR stock price closed above the down trend line and formed an inverse head and shoulder pattern on the daily chart. Market is within an strong up trend and reversed several times from 120 $ area. We're looking for a market buy on Monday because this stock could reach the target within a short time frame.
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CRSP - PRICE MOVING TO WAVE 5CRSP price should have completed its wave 4 correction with zig-zag ABC correction pattern, and the prices are corrected to around 61.8% FIBO level of entire wave 3 length correction.
Price is currently moving towards wave 5, and the ballpark target for wave 5 is USD258.
Happy trading!
$CRSP Wave 4 potentially completed and Wave 5 underway.Charting at a friend's request.
On the weekly chart, $CRSP looks to have potentially completed a strong Wave 4 correction.
Sure does feel like its a good time to enter with a position and prepare for a Wave 5 climb, with a potential target price of $281~$319.
CRSP, REVERSAL COMING?Hello fellow traders and investors, here's another trade idea.
CRSP has recently pulled back to the support area, if CRSP makes a full recovery it offers a 90% ROI.
Technicals:
The Macd indicates that CRSP is oversold
The Macd indicates that CRSP is in a downtrend
The Ema's indicate that CRSP is still in a downtrend
When To Buy:
When EMA's crossover
When the Macd indicates a reversal by crossing its EMA
When To Sell:
I recommend selling at the previous high which offers a 90% ROI.
I anticipate CRSP to consolidate in its support zone and when the Macd and EMA's indicate a reversal then consider buying some shares if it meets your criteria.
NOTE: I personally don't like to buy therapeutics companies stock because of the volatility some of the stocks tend to experience.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
CRSP Possible reversal area with price targetsWhile it has been in a strong downtrend over the past few weeks, CRSP is showing signs of a possible bullish trend reversal.
The 4h MACD is showing triple class A bullish divergence, with a daily bullish hammer candle on top of a critical support area which also lies at the bullish .886 Fibonacci retrace area.
If price-action shows a reversal upwards, the price targets would lie at the .618 Fibonacci retrace (aligning with the shoulders of an old head&shoulders pattern), the .718 Fibonacci retrace (A potential bearish value area), and the all-time high at the 100% Fibonacci retrace level.
The stop loss lies just below the critical support area, however, one should be aware of false breakouts below this level.