1.30-1.31 last resistance before the drop to .9. A massive change in US covid19 policy within the next 24 hrs or a major breakthrough in vaccine is what will keep this above 1.30 and shoot it above the triangle IMO. I am neutral now and no longer long. I will buy back in if it moves above the triangle today or tomorrow. If nothing happens until then, I will have...
Our triple zigzag turned into a double zigzag, could double bottom at around 1.3 or fill in gap. No way to tell until it happens. This is also following the inverse the market.
IBIO fell 20% on the news that it will not undergo a reverse split. I think that IBIO will fall back to $0.90, where it will rise again to its former glory, and beyond. It is one of the companies that may find a cure for the coronavirus, and if it does, will hit probably around $40.
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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.
Como siempre, es una peeny asi que cuidado. Valor a observar.
Ha habido acumulacion en los 0.11-.12 entrando en una nueva zona
los 0.20-.30 donde aun esta testeando. Vemos clara señal de oferta
flotante en el mercado pero los precios no bajan de los .23-.21
A observar posible entrada cuando se de:
-Un test favorable
-Vela bajista casi en minimos (este caso...
BIO Is a NEW confirmed to be a corona virus play now here is what has happened with the corona virus plays so far! = WEDGE SISTEM+ VOLUME confirm player
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.
after years of downtrends, a reverse split $IBIO finally appears ready to regain SMA200 support and retest old channels.
With Billionaire insider holding nearly 50% and a $200MM USD lawsuit pending, IBIO and its huge CDMO is looking like a good buy.. and possible a buyout target.
Personal targets here are well over $5 as would expect any buyout of the huge CDMO...
