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vf_investment
Mar 7, 2023 3:26 PM

DNA - Falling Wedge Long

NYSE:DNA1D
Ginkgo Bioworks Holdings, Inc.NYSE

Description

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It`s in our DNA to create reliable and objective analysis for our dear followers, and we will continue doing so.

We can see a falling wedge occurring on this chart, and we therefore expect a move to the upside.
Also the RSI has shown bullish divergence lately.

We will wait for a breakout of the trend, to take our long position.

More details are shown on the chart.
Trend AnalysisChart PatternsTechnical IndicatorschartpatterntradingchartanalysisstocktradingStockstechincalanalysisFalling WedgeBullish Patternslowriskhighrewardplaybiotech
Comments
Tripcrypto1
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Close to what Ive been trading. Use Jul 5 as the first pivot for the bottom TL instead though, which explains the recent PA. I think bottom is in unless we get a fatttt spring.
KlejdiCuni
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I am watching for the same price development close to the upper resistance. Thanks
DeGRAM
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Thank you. Great job
MarsSignals
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brilliant to know
FieryTrading
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Totally agree. Good job!
AkhiPrajapati
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good jon
Babenski
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Interesting view
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