XBIO Continues Bear Trend
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...
Short term XBIO is a clear sell/put. Long term however XBIO maintains its momentum and may reverse its trend.
Cheers!
- 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 however XBIO maintains its momentum and may reverse its trend.
Cheers!
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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.