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mroberts1204
Feb 8, 2021 7:19 PM

SGMO Pullback Setup Long

Sangamo Therapeutics, Inc.NASDAQ

Description

SGMO is in the gene editing space. Nice setup as it successfully tested the breakout spot and found support. Now launching higher today off key moving averages. CRSP reports earnings this week so we could see a positive catalyst. I took some May $15 calls today.
Comments
Updownflat22
Are you maintaining the position, buying more or exit?
mroberts1204
@mzagotti, I bailed - it seems like an egg. Fell and just couldn't get a bounce
Bianco320
@mroberts1204, they have a hiv trail due on March 10
Bianco320
@mroberts1204, I think that can be a catalyst I loaded up on the may 21 11$ calls at 13 dollar strike I bought a few April’s as well
ForecastCity_World
Good analysis
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