choilive

CRSP - Market Overreaction, looking for long entry

Long
choilive Updated   
NASDAQ:CRSP   CRISPR Therapeutics AG
CRSPR is possibly one of the most important medical discoveries of this century.

Media reports of that it "might" cause cancer are clearly overblown as any scientist in the industry will tell you.
Do your own due diligence there, this is clearly an overreaction.
Fried foods might cause cancer too, doesnt seem to hurt YUM that much

Will be looking for entry around the 200SMA in this and in NTLA and SGMO, two other companies doing CRSPR R&D.
Comment:
Good uptick today but not certain it will continue. Will wait until Fri or Mon - maybe smart money has already wisened up.
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.