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Master_of_Fine_Charts
Jul 22, 2022 12:49 PM

CDMO Break Out Long

NASDAQ:CDMO1D
Avid Bioservices, Inc.NASDAQ

Description

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Price tested the descending (weekly) trend line and nearly tested the .78 fib level on above average volume. The Force index and MACD are both rising. Ideally this will break 20.01 with significant volume.

Target 22.38 after a confirmed break out.
Trend AnalysisTechnical Indicators
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