Absci Corp

ABSI remains in Stage 3 distribution following a decisive support failure and sustained breakdown below the short-term EMAs. The medium-term bias is bearish, reinforced by the active Support Failure pattern and a lower-high sequence rejecting rallies under EMAs. Short-term conditions are unfavorable with price extended below 9/21 EMAs and no visible exhaustion, supporting immediate sell-side participation on any bounce. Long-term uptrend remains intact but is under pressure from 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