The 50 day MA comes into play at 22.85 as next level of support. There is no news and not much volume but still sucks never the less.
I thought MA50 was at 23.56 currently. What am I missing? But we could see bottom soon. Waiting still on sidelines.
Now it's time to jump in.
If I breaches $22.85 I might throw the remaining 60% of my shares I didn't sell earlier to sell.
This is insane activity. I love the future prospects of the comp, but I'm afraid this might be heading to $15 in a hurry.
I know other biotechs are under pressure today as well. This does seem to periodically go through this, all the news I can find is good. I believe it was upgraded in the last week with a price target of 32.