TA: SGMO - monthly x 20 years - Long-cycle observations | Biotech Message Board Posts

Biotech   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  33793 of 34026  at  7/31/2020 1:15:41 PM  by

berkstump2


TA: SGMO - monthly x 20 years - Long-cycle observations

 
1. During the last 20 years, SGMO PPS has spent circa 12 1/2 years under $10 .
 
2. Not counting the1st year of highly speculative behavior, there have been 3 upside
wave cycles above the $10 level .
 
3.Each of the these 3 upside cycles has reached $15 at a minimum .
 
4. Each of these 3 cycles have targeted the $20 level, with one cycle falling just shy of $20;
one cycle pushing above $20 during a  3 month period,
and the last cycle pushing through $20 for 3 months as the $25 level was toyed with;  
 
5.SGMO PPS, as illustrated by the monthly Indicators on the chart, may well
have entered into another up-cycle.
 
$10 to $15 is a 50% increase 
$10 to $20 is a 100% increase
 
Besides share positioning, there are a host of longer term Options positions that could be designed here.


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 32     Views: 540
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board






Financial Market Data provided by
.


Loading...