SamSuka
The Long Investor
The Long Investor

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$DNA

Cathie and ARK funds continue buy an enormous amount of stock in $DNA.

I get that adding here above the $1 line is attractive on a R v R basis.

$DNA still has a lot of work to do to turn this around again and start looking bullish, first objective would be to get above the 0.887 Fib at $1.29 and turn this into a support level and then it can attempt to move higher to the 50 and 200 Day MA.

I can not add in an impulse wave again just yet until I see signs of a reversal, otherwise it is just assuming that they will start an impulse wave and that is not confirmed.

$DNA

Comments

I’d love to see the update in the run up to earnings…

Kyle

Has the DNA chart changed?

Steven


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