lauralea

Cup and Handle

Long
NASDAQ:SDGR   Schrodinger, Inc.
Earnings 3-4. Large effective Volume on Friday.

No rising wedges noted in yearly chart. Up quite a bit today so perhaps wait for a good entry.

This gapped up at open and I am not sure why? Perhaps smart money trying to skip over resistance...not sure but it is now over the prior high.

Not a recommendation..

Schrödinger, Inc. provides computational platform to accelerate drug discovery and materials design for biopharmaceutical and industrial companies, academic institutions, and government laboratories worldwide. The company operates through two segments, Software and Drug Discovery. Its segment is focused on selling its software for drug discovery in the life sciences industry, as well as to customers in materials science industries. The Drug Discovery segment develops a pipeline of preclinical and clinical drug discovery programs through its computational platform in collaboration with pharmaceutical companies. Schrödinger, Inc. has strategic collaborations with Twist Bioscience Corporation; Thermo Fisher Scientific to extend the use of cryo-EM in connection within silico compound screening to accelerate drug discovery; and Bristol Myers Squibb Company to discover, develop, and commercialize therapeutics in multiple disease areas. The company was founded in 1990 and is based in New York.
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