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randomname11
Nov 26, 2020 12:11 PM

Stock to watch: Crispr Therapeutics AG (CRSP) - re-uploadΒ Long

CRISPR Therapeutics AGNASDAQ

Description

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NASDAQ:CRSP

Re-uploading the original idea from Nov 24 (which was brutally deleted by the moderators LOL) πŸ‘‡πŸ»



May be an interesting stock to trade: Buy/Sell Zones indicates a 20-day uptrend. Long-term target is 1 Fibonacci, short-term targets may be lower Fibonacci values. The pre-market shows a small potential recoil that can give a good Long entry point.

Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.

Trade active

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Trade is still in progress - stop-loss is in the safe zone.
Until there are no obvious signs of a reversal = can try to scale in again if a small pullback occurs.

Trade closed: target reached

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All targets reached, however I'm still holding 10% of the position up to at least 1.618 Fib (with stop-loss in the profit zone at 0,618 Fib)

Trade closed: target reached

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Closed remaining 10% above 1.618 Fib
Comments
noideaihave
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Having reached around 146 do you think there might be a sizeable pull back? Is 10% up today and rsi is over bought. I had a long term position and tried to be cute by selling around 128 and hoping to buy a retest of 110.. and now I want to get back in. Right now it seems a bad idea - but I'm wondering whether there is any "significant breakthrough" driving this uptrend, or whether its the publicity of the Nobel prize still being discovered by potential investors.
Edulindolo
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too late to onboard? nice one
randomname11
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@Edulindolo maybe if a small pullback occurs. Should see how the market opens. Can still be a good Long, but with a hard stop-loss, since the bullish momentum had already taken placeπŸ€”
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