On watch for break above the local downtrend and the 200ma. Bullish divergence on RSI Volume Increasing on daily. Targets $2.25 $2.45 $2.70
and if this support breaks theres no bottom in sight. be very careful here longs. warning from the high return queen, stay away! ;)
Horizontal support 2$ Resistance MA50 Not for any advise Just an Idea,
Connect 3 RSI pts, the break is an early indication of trend reversal
Nice divergence setup here. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Probably won’t happen but the stock forecast looks favorable. Still new so criticism welcome
iBio, Inc. is a biotechnology company, which engages in the development and manufacture of biotherapeutics. Its pipeline include idiopathic pulmonary fibrosis, systemic sclerosis, and scleroderma. It operates through the iBio, Inc. and iBio CDMO business segments. The company was founded on April 15, 1993 and is headquartered in New York, NY.
Ibio looks to have bottomed at 1.62 still some resistance to work through but as of AH it’s back into the bottom of its original uptrend.
at .786 fib with good potential to retrace 50%. See chart. Trade boldly but safely!
Few levels of resistance to break through for a possible bullish move.