AI ABSI Forecast + Trading Strategies

Price Forecast:


Bearish<->Bullish


Bullish Case: ABSI's partnerships and advancements in AI-driven drug discovery suggest strong future growth potential, supported by increased trading volume in call options indicating market optimism.


Bearish Case: Financial instability and ongoing losses persist, coupled with low trader confidence indicated by historical price underperformance, raising risks of further declines.


Potential Outcomes:

1. 60%: Successful collaborations lead to a stock rise.

2. 25%: Continued financial losses hinder growth.

3. 15%: Macro factors induce volatility impacting price.


Trading Oracle: Focus on bullish debit spreads, targeting the $4.00 strike buying two calls and selling one call at $5.00. With implied volatility high, leverage upward moves expected from successful partnerships over the next 6 months. Potential returns of over 3:1 on capital are plausible.


October 17, 2024


Absci Forecast

ABSI        Absci
















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