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ImmunityBio, Inc
IBRX
NASDAQ
NASDAQ
NASDAQ
After breaking its potential upward moving channel, it bounced back from a support line. As of now, it is around a resistance. If it can pass and hold tomorrow, it may visit some higher values, as $19.40. If it cannot hold, then it will probably drop to about $17.2.
IBRX has broken its downward trend and trying to move up. If it can break through the resistance, it will start forming an upward moving channel.
IBRX somehow doesn't give much chart data from trading view, but it could possibly be entering a post-correction phase. It has been on my watchlist and it looks like it could have some ideas about the direction it wants to go. I see three possible scenarios: - 1) buyers begin to notice the stock and it goes up like a frickin rocket. (best) - 2) buyers don't...
Within the descending triangle pattern, a short term reversal may be coming. 20-40% possible.