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Precision BioSciences (DTIL) Now Trades Above Golden Cross: Time to Buy?
DTILPrecision BioSciences(DTIL) Zacks Investment Research·2024-04-11 14:55

After reaching an important support level, Precision BioSciences, Inc. (DTIL) could be a good stock pick from a technical perspective. DTIL recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer- ...