Short
IBIO head and shoulders with bearish EMA crossover.
IBIO price is currently touching neckline of the Head and shoulders pattern. In addition to this we can see a bearish EMA crossover has recently occurred. I expect to see a break in the neckline followed by a significant drop in price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.