AI EWTX Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: EWTX shows strong momentum with increased trading volume in call options (42% more than puts) and attractive implied volatility levels. Over time, the historical return likelihood supports upside potential. Positive sentiments around upcoming events may push prices higher.


Bearish Case: Currently, EWTX trades near $19.07, with considerable historical peaks above $30. The upcoming earnings report or negative market conditions could trigger a sell-off, affirming the bearish sentiment in the short term, especially given the high volatility levels.


Potential Outcomes:

1. 60% chance of significant stock rally if earnings beat expectations.

2. 30% chance of flat performance in immediate term as uncertainty around market conditions continues.

3. 10% chance of steep decline due to macroeconomic factors or missed earnings projections.


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September 19, 2024


Edgewise Therapeutics Forecast

EWTX      Edgewise Therapeutics











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