swilton

DTIL precision biosciences 2021

Long
swilton Updated   
NASDAQ:DTIL   Precision BioSciences, Inc.
I typically post about what I'm actively trading, so I don't know how I forgot to mention this little gem. Precision biosciences is in the gene editing space with a relatively small market cap compared to others in the space (e.g. CRSPR). The company outlook is great in my opinion. It's one of my core stock picks for the year and largest holdings. My first entry was near the bottom of the December pullback in the $7 range, and it's treated me very well ever since. If it pulls back harder and drops down below uptrend support, I'll just keep accumulating more. Both buy zones and sell targets are on the chart. Sell targets are a bit fuzzy. My expectation is that they'll all pick up within a year, but I'm prepared to wait two or more years depending on conditions of the entire market. If things develop well, I might actually consider investing long term and just holding shares indefinitely. Keep this one on your radar. I'm a buyer on a pullback to any of those anchor zones (cyan boxes). Let's see what happens!
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