Bearish Consolidation Headed for $5

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Bearish Consolidation Headed for $5Ginkgo Bioworks Holdings, Inc. Class ABATS:DNAebeneubanksWe are continuing the bearish consolidation and heading for major resistance at $5. There's no relief in site after another bad earnings report and the company is now shifting it's operations. They have about six quarters of cash to cover until they go the way of the Dodo. Not a great outlook and a lot of uncertainty. Investors don't like uncertainty.