Absci Corp

ABSI remains in Stage 3 – Distribution, confirming a bearish medium-term tradable bias driven by the active Lower Highs & Lower Lows pattern and distribution volume. Short-term timing is unfavorable for upside with price extended below the declining 9 and 21 EMAs and no exhaustion evident, supporting immediate sell-side participation on rallies into the EMA resistance zone. The long-term uptrend remains intact but is under pressure from ongoing distribution dynamics.

• ↑ABS-201 interim trial shows significant hair regrowth signals in AGA
• ↑H.C. Wainwright buy rating with positive analyst revisions bolsters confidence
• ↓Q1 R&D spending hit $19.3 M against $0.2 M revenue, stressing finances