Long
IBIO biotechnology pennystock completes retracement LONG
IBIO popped 3x March 26-28 and then retraced into a standard Fib level above which it
has consolidated. The RSI lines are near to the 50 level and volumes are low. I can see where
IBIO could go higher if interest and buying volumes rise. I will watch this for the same. Having
profited heavily on the prior move, I would be happy to re-enter a long trade on IBIO.
has consolidated. The RSI lines are near to the 50 level and volumes are low. I can see where
IBIO could go higher if interest and buying volumes rise. I will watch this for the same. Having
profited heavily on the prior move, I would be happy to re-enter a long trade on IBIO.
Trade active
IBIO re-entry taken in premarket. Looking good. Stop loss raised to a trailing 5%.Profitable trade already. Targeting 4.0 and 4.7 now.
Trade active
IBIO in the past two weeks averaging about 2.5% per day still waiting for a reversalfull position and all profit unrealized.
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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.