IBIOBIO Is a NEW confirmed to be a corona virus play now here is what has happened with the corona virus plays so far! = WEDGE SISTEM+ VOLUME confirm player
IBIO trade ideas
Bull run to continue for IBIO iBio, Inc. is a biotechnology company, which engages in the development and manufacture of biotherapeutics. Its pipeline include idiopathic pulmonary fibrosis, systemic sclerosis, and scleroderma. It operates through the iBio, Inc. and iBio CDMO business segments. The company was founded on April 15, 1993 and is headquartered in New York, NY.
$IBIO on track to regain SMA200 after years of downtrends, a reverse split $IBIO finally appears ready to regain SMA200 support and retest old channels.
With Billionaire insider holding nearly 50% and a $200MM USD lawsuit pending, IBIO and its huge CDMO is looking like a good buy.. and possible a buyout target.
Personal targets here are well over $5 as would expect any buyout of the huge CDMO to come in above $8.
Good luck and do your own DD/research.
@doebop
IBIOHuge accumulation on IBIO for the past few weeks. I'm expecting a rally to start soon. Keep this chart on watch
IBIOAfter a bearish 2 year movement, IBIO has finally bottomed out and ready to move up. Watch for the MAs to converge and breakout on higher volume.
Upside move may have one or two legs left (Don't get burned)Hard to catch up if you missed the first few moves, but 2-more moves may come if any new EBOLA victims is reported next few weeks, if not ride to the pavement. If you need a real time alerts www.2waytrading.com
