Bullish engulfing candle today.
The .886 fib level may have been the landing pad, but the bottom is not always the bottom.
Biotech has been up and down so I am approaching this sector with caution for now. I have noted some biotech making daily or every other day yearly low and EBS made a new low yesterday and today although the 2 lows almost matched 58.79 today and 58.83 yesterday.
Negative volume is high. Short interest is 7.2%
Possible bullish divergence on RSI.
No recommendation
The .886 fib level may have been the landing pad, but the bottom is not always the bottom.
Biotech has been up and down so I am approaching this sector with caution for now. I have noted some biotech making daily or every other day yearly low and EBS made a new low yesterday and today although the 2 lows almost matched 58.79 today and 58.83 yesterday.
Negative volume is high. Short interest is 7.2%
Possible bullish divergence on RSI.
No recommendation
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.