I am thinking FBIO is a very positive stock to buy around 2.58-2.89. My FINAL target price of FBIO is around 7.31-10. IF I were you, I will buy around 2.66 and sell around 3.95 and start buying around 3.3-3.1.
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You might've bought some of this stock by now because it went down to 2.70. It might go up to 3.11 to 3.38. You should sell some between them because it can be B wave from ABC correction. This might go break upside or might go down again to 2.28-2.57. I'll try to buy around 2.32 -2.56 again because it will be touching the support line and C wave from ABC correction. I also think that RSI would be diverse which is the perfect time to buy. WILL SEE
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It has reached to the range what I expected. Now, we have to see it is going to go down to continue to C wave or just go up. I’m expecting between 2.53 and 2.73.
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It could not break through 3.31-3.52 which is the range of .236(Fibonacci replacement). There is a possibility it is gonna go down more to 2.44 to 2.70 because of 1:1 ratio of A wave and C wave(Elliot Wave) and this range is a key point because it was a big resistance line before. People would like to try to buy at this range. I am worried about FBIO because I think most stocks are influenced by NASDAQ and NASDAQ is reaching the max price. It has to pull down a bit(-10% to -15%). This action could slow down the FBIO.
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The price went down more than I expected. The price has bounced at 2.14(Current price 2.42). There is a possibility that it goes more down than 2.14. It might go down to around 2.02 because of VPVR and also1.618 replacement.
It might go up around 2.76 then go down to 2.02. After reaching at 2.02, it might go up like crazy. It might take times but i feel like it will go down to 2.02 and then break through.
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It actually hit 2.80 range. I think it will go down to 2.02 because it just hit the resistance line and ABC full back. I'm going to buy more around 1.98 to 2.20.
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My short-term trade idea was wrong. Instead of going down, it went up almost 22% which I was not expecting. Now I’m not sure how it is going to do. There are two possibilities first possibility is to hit the resistance line but since it went up a lot such in a short term. the second possibility is to come down for correction. I would wait for correction and then buy at 2.75 and 3.09
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It did not come down to 2.75 and 3.09 and went up really high. I think it has begun to go higher to reach $10. However, I will try to buy when it comes down a little bit because RSI shows Regular divergence which is bearish pattern. I will just wait until it comes down a bit.
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It is down a lot today. However I am not sure this price(3.07) is a true bottom. I think I will wait more.
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Happy new year!! I still think it is not a good time to buy the FBIO. I feel like FBIO is going down with NASDAQ. NASDAQ is going down a bit today. I am predicting the price of FBIO will go down to 2.10. There could be a correction before it hits 2.10 but I will buy full in 2.10.
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It went down more than what I expected. Since it went that too much. It is better to watch because i feel like it will go down more than the current price(1.94). I have a feeling that it will reach to around (1.49-1.64). I will try to buy around that area. This chart looks like Kakao(035720) on OCT 25 2023- OCT 30 2023.
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There is a possible that it will reach to 2.42 in short term.
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hey guys!! FBIO is flying!!
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hmm I’m tired to hold this stock but I strongly believe this will fly soon..like fly crazy