AbCellera Biologics Inc.
Panjang

ABCL - Cup & Handle Breakout Trade

301
Abcellera Biologics is a biotech stock setting up in a textbook cup with handle pattern.

The stock has growing institutional sponsorship as shown in the chart from MarketSmith on the chart. It also has a relative strength ranking of 97/100.

Shares formed a cup with a 37% depth and have since drifted back slightly to form a defined handle.

I will consider buying on a break above the dashed downtrend line of the handle.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.