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ABCL no entry — takes no side
Chart posted with this call

The Apes community has shown interest in ABCL -- AbCellera Biologics.
Here's what we see.

1) Shortly after earnings there was a huge move due to positive menopause trial results.
2) Multiple insider buys shortly after.
3) Strong breakout formation around Sep 23-25 (Showed up in our breakout screener in linked tweet).
4) Big pop on the breakout.

Overall: Neutral.
Medium term: Positive.
Short term: Cautious after the recent breakout.
View: We'd wait for a deeper pullback rather than chase the move.

🦍🌴 Interesting Find — not necessarily an endorsement from whoever posted it
https://x.com/ApesAlphaHQ/status/2102851669746999310?s=20
· Sun, 04 Oct · · 81 views 37 clicks

12 comments

Apes Alpha

👍

40 views
anon_ethan_70

Thank you

39 views
anon_ethan_70

👍🏻

39 views
Apes Alpha

Have not looked into that one at all tbh.

35 views
anon_ethan_70

Seems to be picking up steam in the past week or so…

29 views
anon_ethan_70

Any thoughts on $NAUT? (Another bio stock)

21 views
anon_ethan_70

Yes, you’re correct phase 2 data results

20 views
Apes Alpha

I think that gap was caused by the trial result information. I would be very surprised if that gap filled a significant amount.

20 views
anon_ethan_70

Yes that gap

19 views
Apes Alpha

You mean the big gap between 7 and 9?

19 views
anon_ethan_70

Seems like it’s tired and may want to take a breather…?

20 views
anon_ethan_70

@apes alpha; Gap fill potentially on $ABCL…? What do you think?

22 views

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