Editas Medicine, Inc.
Long

is it time?

187
This one is a Sleeping giant! There is so much indications to go long on this bad boy. EDIT is a true sleeper but when it moves get ready to hit the gears on full throttle. We are seeing tons of accumulation on the TTM indicator it is only a matter of time before the squeeze goes into play. Earnings are right around the corner and good and clear divergence showing in the RSI. plus 9 SMA is getting ready to cross the 21 SMA. Clear bullish signs. 38 has a heavy flow of demand so price must close above 38. Ideally I want edit to close or break the green highlighted area i put in place. this will give me confidence that edit is getting ready to run. To be on the safe side I would get leaps for feb. 2022. just to give time for any shake outs. EDIT can be a manipulative stock seeing that it is part of the ARK investments. SL on this bad boy is below 33.85.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.