Looks to have bottomed, quick retrace to $10.50 or ??
NASDAQ:LMNL Liminal BioSciences Inc
Huge volume here, looks to have bottomed, I would say definitely oversold at $3.96, however, let's see what happens after the bell. This could quickly retrace at least to $10.50
I'm watching the six-month chart closely and placed a stop at 3.90. If 3.90 breaks, we could see 3.72. If 3.72 breaks the slide continues to 3.49. It's possible lacking good news the slide here continues until we hit $3.22 and then we have to re-evaluate. Those recently issued warrants may likely cap any advance at $5.50. Trade safe