N0tSwift

AGTC Break Out Possibility - How to Play

N0tSwift מעודכן   
NASDAQ:AGTC   None
AGTC is a cool MRNA therapy biotech for color blind and seriously sight impaired
It's trending down but keeps having small break outs. I'm hoping to catch a bigger one, but playing small as shown.

If the waves follow then I'll go in, if not, it was worth watching.
Paper exercise for breakout buying for a friend.

@AidanMDang is the breakout Queen to follow for stocks to watch
הערה:
Before I add during Wave 3, I'll watch for a 50/200 Bull Crossover for confirmation, otherwise it could be an WXY correction/sideways move instead of wave 3
הערה:
Revised/Updated using 1 Hour Time Scale EWaves
הערה:
*DISCLAIMER - NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
הערה:
B Wave Dropped to Far, C Wave petered before trend Breakout
Will keep watching after WXY
הערה:
Still moving in the right direction, but moves down are longer than ups.
Slow stairstep up doesn't much allow for entry with a good Risk/Reward setup.
הערה:
Price Movement has been too weak to consider it a breakout.
I'd like to see 5.40 to show a break above 2 prior down days before going in at this point.
הערה:
The downtrend black link has been solid support and was resistance going back to June 26. There seems to be no catalyst to drive prices higher on this stock for now.
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