samfanderson1597

A purely technical view on TWST

Long
NASDAQ:TWST   Twist Bioscience Corporation
Currently down 70% from ATH, TWST may be a good buy at these levels. Idk anything about the technology or revenue streams but Jakey mac likes the stock so i charted it out for him. $46-48/share appears as strong support with $66 being sturdy resistance. If 46 breaks, then 40 and 36 are also significant support zones. Could see breakout if we hold above 66, but until then you have some time to DCA into a position.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.