AbCellera Biologics Inc ABCL

Nuno_Nascimento Pro+

A biotech this time testing a weekly demand level. Long opportunity here offering a 3.5 RR .

rossgivens Premium

Abcellera Biologics is a biotech stock setting up in a textbook cup with handle pattern. The stock has growing institutional sponsorship as shown in the chart from MarketSmith on the chart. It also has a relative strength ranking of 97/100. Shares formed a cup with a 37% depth and have since drifted back slightly to form a defined handle. I will consider buying...

LowieVer Updated 

Nice secondary entry to add to your position. After breaking out of the previous flag, price consolidated again for almost a week on decling volume. Enter the stock if it moves over the high from the previous day. Stoploss can be set at the low of the previous day (tight stop loss) or underneath the rising trend line (loose stop loss) In a longer term...

senyor Updated 

should be the next crispr or illumina ... it supplies stuff to MODERNA it could be the secret sauce in pre diagnotics or preventing diseases before they become serious currently winding down and allocation of shares to serious players and strong hands with conviction in the Ai Tech Cum Biologics

Honkytime Updated 

I remember reading somewhere about chart patterns...this is one of them. 3 rising volume spikes indicating a shift in momentum. ABCL is forecast for major growth...I have taken a position here. Would have been great to grab the bottom if you had the confidence!

Photogbrett Pro

I'm a novice learning The Man's ways. My crayon drawing on this chart appears to be a close to a Stage 2 breakout. I think. Since ABCL is a yungun' I substituted the 150 for the 50. Anyone else have an opinion? XBI looks like a current leading sector. I still feel its early but I just do what the chart is telling me... or technically the book is telling me...

Swing_Trading_as_a_BUSINESS Pro

Hey Guys, Yurii Domaranskyi here. Risk vs Reward = 1 to 5.74 ✨ It means if you risk here 1000$ you may make 5740$ Not bad, huh?

ninodelsol Premium

I see a long bearish trend making its fifth wave (elliot wave). wyckoff accumulation become more and more relevant, stop hunt followed by a break of market structure already happened; I marked 3 zones in wich the pullback may stop

nexxtrade Premium

Bullish - Stage 1 - Decent sector position within 50% - No longer making lower lows on the weekly - Broke out of downward trend line - Potential inverse H&S formation - Gaining momentum on the upside seen on the Momentum Theory Indicator - Smart money have been accumulating - Decent sales Bearish - Great if better P/FCF ratio - Great if lower PEG ratio...

walkerp2021 Pro

Double Bottom W formation in process Divergence Stoch Lots of buying in effect since bottomming 9 EMA and 21 EMA rising, stock rising with 9 EMA

Eloquent Premium

AbCellera is a technology company that searches, decodes, and analyzes natural immune systems to find antibodies that its partners can develop into drugs to prevent and treat disease. AbCellera's full-stack, Artificial Intelligence-powered drug discovery platform integrates modern technologies from engineering, microfluidics, single-cell analysis, high-throughput...

Flpati

ABCL looks like is finishing a 3 waves downside move, price action seems to be contained within parallel lines, price could come down to 9,51$ and from the we could see a bounce to the upside and start a new trend and resume the downtrend.

trade444fun

Great company of they achieve their goals this one might shake the bio sector, i believe in their CEO and investing some in their dreams ... if we get any positive news from merck pills from FDA we might go to $10 range and if not we will go back to +$20 however this is not covid play for me in long term

mxc111 Pro Updated 

This is a technical analysis setup: 1) The moving average crossed over signaling buy after a bottoming at at around $15.50 2) I am targeting the first missed pivot $23.30 Based on the close today this would be a 34% return with limited downside. Regards,

trade444fun Updated 

i added some on Friday --- i will try to sell over $25

JustinRiggs77

Very oversold and very cheap... Im going long here.

DigitalData Updated 

All, ABCL is for massively oversold on weekly down so regardless how you feel about the stock (even though price target analysts are WAY higher) this is due for a rip. Not to mention this is a perfect situation for institutions to enter into ABCL at a pretty big discount from fair value etc. I am temporarily waiting next few days watch it extremely closely then...

lonercapitalist

Abcellera is undergoing a massive selloff in a zigzag pattern. Waves A and B are done, and wave C is usually 1.618 the length of wave A, especially since wave A is a leading diagonal. Expect further downside to the 6.30 region. Nevertheless, I do see a relief rally coming up soon, maybe around the 12.65 area.