Another favourite of $ARK and has pulled back with the many other Biotech companies over the last month, and many other stocks from across different industries.
Like $DNA, it has completed a 3 Wave ABC correction and it needs to hold now, after finding support on the 0.618 Fib.
The 200 Day MA is just below at $4.90.
If support is held, it can move up to Wave 3 as shown to $12.