jordanadriano
Long

Have been following this and just a thought

AMEX:IBIO   IBIO INC
every gap up pump on IBIO retraces back to 0.786 level. Today it touched the 0.786 level at around $4 after its last pump. Assuming similar pattern to form, the stock price will stabilize around the mid 4 waiting for another leg up. Also, this ticker is long overdue for a PR . the RSI has cooled down significantly from its run from 2.5 and still in the bullish area.
Comment: price is consolidating in MID 4 area. IBIO CEO will be interviewed today on The HILL at 12:30 pm PST.
Comment: insider kenneth dart have being selling all of his IBIO holding (he is selling all of his biotech holdings , not just IBIO) for the last few days, which have caused to shares to plummet from the MID 4 which i was talking about.
This does not change the fundamental and capability that is in this company. LONG

Comments

The fib retracement I drew at each pump
Reply
Which indicator shows those levels with corresponding closing prices, please?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out