IBIO biotechnology pennystock completes retracement LONG

IBIO popped 3x March 26-28 and then retraced into a standard Fib level above which it

has consolidated. The RSI lines are near to the 50 level and volumes are low. I can see where

IBIO could go higher if interest and buying volumes rise. I will watch this for the same. Having

profited heavily on the prior move, I would be happy to re-enter a long trade on IBIO.

Trade active:

IBIO re-entry taken in premarket. Looking good. Stop loss raised to a trailing 5%.
Profitable trade already. Targeting 4.0 and 4.7 now.