Has been unable to find bottom yet. There is a chance of consolidating or reversal from around $11.23 area due to oversold condition. If there is further break down, the next support area is $8.78, which could be a strong support. Good case - consolidate or reversal from $11.23 Best case - $12.70 Bad case - $8.78 ——————————————————— How to read my charts? -...
CASE1 : If tomorrow if it follows up trend ( 16) - could hit 20 to 21 Zone CASE :If tomorrow Down trend - Will fall below 13 and will hit 12.5 - Will bounce back and will reach 16-21 zone this week
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.