Watch fib line to retest level on up trend.
Bottom formed around $6.40
Bottom formed around $6.40
Nota
Took profit @ $7.50. Possible rebuy after CPI report tomorrowNota
Double top at 8.50. possible re test at 7.50-7.30 range. Buying back at those levels.Nota
Change of character formed at $7.75. Possible new bottom. 10 more days for short sellers to cover if price stays above $7 please double check me.Nota
Trendline starting to form from COC at $7.75 to 7.90. Confirmation of higher low "bottom" looks there.Nota
Looking for trendline to confirm at $8.20. If it holds, we then may test higher high.Nota
investor.cariboubio.com/news-releases/news-release-details/caribou-biosciences-announces-proposed-public-offering-commonNo mention of how much per share for $100 million dilution
Nota
$6.50 per common share offering of 19.2 million shares. There are 61.36 mln shares outstanding thus having a 36% dilution. Pre market 7/14/2023 currently shows $7.70 or a negative 5.4% correction. This should retest $7.40 main trend line where it first formed at $5.80 (july 7th) then $6.40 (july 11), the next stop is $7.40. $7.4 would be a 9% correction. Price action most likely will be based on institutional interest on CRBU.Nota
Back in 6.50Nota
Next possible support @ $5.85Nota
Down trend look to be broken. Holding for now not buying any more nor selling.Nota
Pfizer 25 million share purchased at $5.44 + $6.50 share dilution price = $11.94 / 2 = an average price of $5.97. Decided to buy @ $6.10 this morning. If it goes lower, I will average down and go long.Nota
We are back at $6.50 support. We need to hold steady and create new base before continuing recovery.Nota
Hoping price action holds @ $6.75 to continue recovery.Dagangan aktif
Convergence of Lower Highs and Higher Lows: Top trend line forming starting on 7/18/2023 @6.94 - 7/21/2023 @6.84 - today @6.80. Bottom trend line forming starting on 7/14/2023 @6.10 - 7/17/2023 @6.17- 7/23/2023 @6.35. If price action consolidates here in a tight range of an average price of 6.66. We should look for a breakout sometime on Thursday 2/27/2023. There should be a higher chance on the uptrend breakout considering past news and lagging indicators.Nota
FOMC DECISION ON INTEREST RATE HIKE 7/26/23 @ 2PMNota
Good FOMC meeting. All in line comments. No color on stopping but possible another .25% more data coming in this week.Nota
HC Wainwright Adjusts Caribou Biosciences Price Target to $23 From $25, Maintains Buy RatingNota
Nice run up today. Looking for a pull back and form a new higher low around $6.9 and $7. I think this maybe a new support line from here on and move higher, granted no negative news.Nota
Taking some profit at 7.50 buying back at 7Nota
Executed buy back. We may consolidate here in the range of 7 and 7.15 before next leg up.Nota
ADDED TODAY @ $6.75 EARNINGS ON THE 8TH
Nota
ADDED TODAY @ $6.35. AVERAGING DOWN TO $6.20 AND HOLDING.Nota
LOOKING TO TAKE SOME PROFIT AT $7.8Nota
ADDED TODAY @ $6.15.Nota
ADDED TODAY @ 6.05 AND @ 5.97
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.