That was a nasty double top on the monthly time frame.weve come this far and we are over sold but we may come all the way down to the main support. Comforting as well to see volume increasing and picking up again recently.
Over sold on multiple indicatora.
Not trading advice.
Historically everytime RSI was this oversold, stock had a nice bounce/run ~ based on history expect a bounce to to $105 /// Additionally $75 seems like a strong support...I think bottom is in - I'm long Dec & Jan calls / not financial advice do your own research NASDAQ:CRSP
CRSP looks to be retesting the breakout to all time highs while forming a falling wedge. If this level holds it could be a good entry point. Wont be jumping on this anytime soon but interested in the setup will be watching.
CRSP CRISPR Therapeutics 52 Week Range 77.42 - 220.20
Now the price is 80.08usd.
Bounced from its last support level.
Barclays has a price target o 148usd for it.
My price target by Q1 2022 is the 100usd resistance.
Looking forward to read your opinion about it.
If crispr can hold support over the next few weeks, we could see some nice returns.
The weekly shows a falling wedge pattern with class a bullish divergence maturing.
A move to the .618 could mean nice gains.
SWING IDEA
I like Crsp as a long stock hold but i always think the two week outlook on this thing is huge, price targets in post but gosh darn i like it all bullish signals
Godbless, safe trading to all bulls and bears
-nio_to_da_moon225
CRSP broke its trend line to the downside coming out of a head and shoulder pattern, has a bullish regular divergence. There is chance to broke to the next level of $80 where it has found resistance in the past, but divergence indicates that it probably continue to consolidating and then broke to the upside. It has found resistance at these levels in the past more...
This is a daily chart of CRSP. As you can see, I marked the areas where high volume has occurred in the past. It's a little hard to see as I had to make the vertical lines almost transparent so you could see the candle and the volume I marked.
In every recent case a high volume daily candle has marked a trend change. This may not be the case now, but from the...
CRSP gapped down yesterday. The candle it gapped down on closed green and quite a bit higher than the day's low. There was also a pocket pivot, a large money footprint, that formed even though negative volume is on the low side. Someone or some folks, did not want to see this go lower or they took advantage of the lower price. Obviously, a lot of shares were...
NASDAQ:CRSP
The lines represent the price level that has been traded upon or will be traded.
The more it hit the line, the stronger the level.
It can be use to set profit taking price or stop loss price.
Every level is of same significant until order flow trades upon it.
DYODD.
Trend is your friend.
Part of the future of medicine belongs to crispr.
Please don't take trade advice from some random dude from Florida. Do your research and good luck!
Blue 12345 = wave 1 of Weekly
Green ABC = wave 2 of Weekly
This means we can prepare for Wave 3 of Weekly which should take us to retest the $220 high.
However, there's strong Supply Zone at $170-180 area. This area seems more likely to halt wave 3's move.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If...
From 2018 to 2020, there may just be an alphabet and a different line, but it is not applied by ALT variants.
You can tarnish after the test with blue.
It can go lower, since the 5th stretched was-the zones are on the chart.
All development is in the distant future, the stock is VERY volatile, it can easily still go to the prices of the 90-70 level. It is more...
CRSP has a bullish Harmonic on 1H and 1D timeframe. Is aiming to grow to at least the resistance of 124.78.
There is also strong bullish signs on the Weekly Chart supporting the Harmonics.
Starting to set up. Chart starting to come together in my veiw. Symmetrical triangle. Strong consolidation after blow off top…. Previously ripped out of long consolidation. Could be primed for a rip to 145 resistance at least… target is 250
lower support 117$ upper Resiatnce 145
