Pacific Biosciences of California, Inc PACB

without_worries Premium Updated 

On the above 6-day chart price action has corrected 90% since the sell signal back in February 2021. A number of reasons now exist to be long, including: 1) The ‘buy signal’ prints. Look left, not to be ignored on this time frame. 2) Price action and RSI resistance breakouts. 3) Price action prints a strong DOJI candle on the 0.786 Fibonacci level 4) Despite...

Bixley

A large symmetrical triangle leading to a huge breakout This is a common feature of symmetrical triangles Bullish while price stays above the lower triangle line

DecebalC

PACB LONG Elliot Waves il looks like it will eventually come up

datom434 Pro

(e) of (Y) could go further down. Also (Y) could be in some kind of ABC stucture. *Not an advice.

rbswingtrader Premium

Looks like all set for the next wave up. Already see similar patterns in other genomics stocks.

lonercapitalist

PACB is finishing wave 3 and is on its last leg (wave 5 in this wave 3). Wave 3 is generally 1.618 the length of wave 1, which puts the target at around 140 dollars over the next several months. This is a great investment for the long term as well since it will likely have more upside in the years to come in the form of wave 5 and has tailwinds from gene editing...

SaeedSajedi Pro

PACB is a real chance for mid and long term investment. Follow the analysis if you want to find out the details. Stock's trend is clearly up. There are still two large up going waves to complete the whole Elliott wave cycle.Wave count labels have been shown on the chart. Correction (wave 4 ) of labeled up going wave 3 ( from 2.2 to 53.69 !) has more than likely...

chaseflores10 Updated 

PACB is continuing to make higher highs and higher lows. 50 MA acting as resistance. A clean break above the 50 will be my entry point. Looking for PACB to make an explosive move as we get closer to the apex of the triangle. PT $35-$38 in 4-5 weeks. Using trendline as stop loss.

rbswingtrader Premium

Can buy this above 32.50. That should confirm that we are getting in Wave 3.

MelviPais

Will it break?

Mike_y

.

MelviPais

Crossing trend line

rbswingtrader Premium

Bear Case- Breaking 22, we would see 15. Bull Case - Only when we start trading above 35.

stockisart

Watching $32 level

ikbensender

feels good

sparrow_hawk_737

SHORT SHORT SHORT into oblivion $25 puts

Mike_y

On watch

dragosdurlut Updated 

Based on idea below: Should fill gap at 40 and proceed. Exit at 60.