$ABCL Stage 2 breakout on very high volume!
AbCellera Biologics, Inc. BATS:ABCL
A big breakout on
ABCL
after a 2 year base. The stock was in a stage 4 downtrend since the IPO in 2021. Institutions bought a ton of this stock in the past 2.5 years as you can see based on the volume and now the stock is ready to breakout.
Currently
ABCL
is retesting the breakout level on declining volume (= bullish). I'm expecting the stock to consolidate here before it goes higher,