XBIO target was reached but what now? (check last analysis)
The volume does show the are between the white lines are pretty accepted, I don´t think we should fall below again.
May be we consolidate a bit between until we break the upper line and confirm the next bull run.
But be aware of double top pattern!
Here the last one
XBIO looks like it could be moving upwards just based on the bullish hammer after the flag which price compression may put this back on the upside... could move down and revert to mean or follow the fib...
XBIO stock surged on its highest volume in months for no apparent reason. No news, no filings, and the most recent was the departure of Dr. Genkin from the Board. Obviously, the focus on low float penny stocks has been apparent in the stock market this week. XBIO could be the next iteration of that trend. So let's take a look at some levels. I plotted the fib...
Pupm&Dump trading strategy idea.
$XBIO is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,53;
stop-loss — $1,87;
take-profit — $2,86.
Do not view this idea as a recommendation for trading or investing. It is...
Description: XBIO is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
1. Ideal buy range: $2 - $2.2
2. Take profit: $2.88
3. Stop Loss: $1.94
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 84%
Contextual immersion trading strategy idea.
Xenetic Biosciences, Inc., a biopharmaceutical company, focuses on advancing XCART, a personalized chimeric antigen receptor T cell (CAR T) platform technology engineered to target patient-specific tumor neoantigens.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause...
XBIO has a gap between support at $1.03 (green and regression trend lower limit), and its current pre-market price of 1.12, additionally...
All moving averages point to a sell
RSI/Momentum is unsupportive and will not assist in price stability
Lack of volume shows volatility and lack of trend resistance
Short term XBIO is a clear sell/put. Long term...
Hello Successful Investors,
The stock (XBIO) has endured quite a concerning amount of negative (bearish) PA within the last few weeks... what is even more worrisome is there might even be greater south-side movement.. be diligent and plan accordingly prior to entering this volatile stock.
Resistance Level 3 - (13.00 - 14.15) 1.15 cent interval