What is the recommended stop-loss percentage for ABSI?
7/2/2025 02:53am
The recommended stop-loss percentage for Absci (ABSI) may vary depending on individual risk tolerance and investment strategy. However, using the current resistance and support levels as a guide, we can determine a stop-loss percentage based on the following approach:
1. **Resistance-based Stop-loss Percentage**:
- With the resistance level at $3.28,
- A stop-loss percentage of 5-10% below this level could be considered, e.g., a stop-loss at $2.95-$3.18, to account for potential pullbacks or reversals if the stock price fails to break through the resistance.
2. **Support-based Stop-loss Percentage**:
- With the support level at $2.56,
- A stop-loss percentage of 5-10% above this level could be set, e.g., a stop-loss at $2.71-$2.81, to protect against losses if the stock price were to lose support and start to fall.
**Considerations**:
- The 5-10% stop-loss range is a common starting point, but investors should adjust these percentages based on their personal risk tolerance, investment goals, and the volatility of the stock.
- It's important to monitor market conditions and news related to the company, as external factors can influence the stock's price and trigger stop-losses.
- Investors may also want to incorporate other technical indicators, such as moving averages or Bollinger Bands, to refine their stop-loss settings.
By using a stop-loss percentage based on the resistance and support levels, investors can establish clear risk management parameters and respond to changing market dynamics.