Genomics Stocks

You should have posted little early, it touched $152 range ! Now, it went up $162 !!

REGN is also in buy range ! It does not mean lowest, it can still go down, but reached possible bottom.

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DIdn’t look at it then :woozy_face:, don’t scold me :sob: After the fact (bought), realize bullish divergence in hourly chart. The entire drop from $221 looks like a zigzag :slight_smile: If Monday does a retracement of today’s impulse, tempted to long call :slight_smile:

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You did right swings, sold NVDA pre-drop and bought CRSP at rock bottom of current cycle. Way to go. Use your EW skills, not a long short but short EW cycle, you will never go wrong in future !

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Cathie views REGN as a defensive stock in case of a market correction. I guess is the same for BMY, TAK, NVS and RHHBY.

Crazy Masa wants a piece of the action.

Bought CRSP and TWST today !

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I have 100 of those :slight_smile: What about PACB? I didn’t buy this but Cathie has a lot and has been selling.

It is still under correction mode, do not know fundamentals.
Both TWST and CRSP corrected almost 30%, bound to go back in future, possible/potential bottom as per my algo.

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I have not idea is bottom or not. Since it has corrected so low and Cathie still owns plenty. BUY.

Do your EW for CRSP and TWST, you will see they corrected appx 50% from peak. Fundamentals, CRSP has two or three FDA approval pending, TWST revenue next qtr will be increasing…etc (still both are loss making) and ARKG holding 11% and 6% shares.

No time for so many stocks. Simple charting… no deep chart analysis.

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The real reason is I am practising day/ swing trading… fast trades… still learning… so no time for longer time frame investing and so many stocks. I have went in and out QQQ 6 times! so far. Now out of QQQ waiting for the small pull back… Ofc, practice means small sum :slight_smile: of money.

Most of my stocks are for swing trades, and today correction put them in bottom fishing areas, just trying now.

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Small pull back likely over, back UP. Need to go up above $332.20 convincingly to rally hard, so far just hanging around there…

Fundamental (not just financial) analysis of REGN by a millennial YouTuber.

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Thought CRSP would eventually drop to $130 so I short a covered call there, hit it so FAST.

Good, but correction ends today (IMO) for CRSP too ! I added small portion at $132 today.

I bought back the short call :slight_smile:

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May be awhile…

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@Jil

Did you buy TDOC? My thought is $220 is the lowest even though the corrective wave might not be over yet. Remember wave C of a corrective wave is quite often higher than wave A. Wave C is lower than wave A only when it is a zigzag (or variants), an expanding triangle or an expanding flat.

LoD is $221.2

To err on the safe side, merely short 1 put (Jan 2021 $220), assigned price $175. Will monitor closely for the next move.