Denali Therapeutics Inc.
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The technicals in this biotech stock remind me of Tesla

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The major pattern above is an ascending broadening wedge just like the pattern in Tesla shown below.

Notice Tesla broke out of a major multi year (5 year) consolidation and developed a minor pattern above the breakout. After the minor pattern, Tesla shot to 2k + before announcing their split. Here's the analysis I did on Tesla just after it developed a minor pattern above the ascending broadening wedge:
My interpretation of Tesla: STILL REMAINS IN A BUY ZONE


Here is the zoomed in Daily chart of DNLI:
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This is a confirmed breakout on the smaller time-frame which gives the signal to get long.
註釋
I added another layer to my position at the market close at $35.40:
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註釋
New all time highs:
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註釋
New highs:
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註釋
Now parabolic:
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