$DNA
Added 2023-08-18 19:45:52 +0000 UTC$ARK continues to buy this and there is certainly a battle going on at the 0.65 Fib at $1.62, which as we know is the ideal Wave 2 spot to hold.
The price has been battling all day at this exact price too.
It must be comforting to know that a large fund like $ARK continues to keep buying this, no matter what is happening in the market.
As exposure to the biotech industry, this stock may be an ideal candidate, I would wait until signs of a reversal start coming in, first seeing the price go above the 50 day ma at $1.75 would be a good start.
Comments
I think so too, pharmas and Bio tend to perform regardless of economic cycles
Gareth Neary
2023-08-18 23:57:46 +0000 UTCA good point there Gar.. potentially Biotech which has been slammed for years MAY be unaffected by any other global issues re US China etc
TommyJR
2023-08-18 22:17:21 +0000 UTC
