look that institutions an big players buy an sell on these 4 - 5 moving averages-this I know. the 200 day being the BIG ONE. Btw all the indexes that dow, nasd ,russ 200o have all just about broken all 3 averages an only about 8-10 points from breaking the 200 day. the bios are very near an behaving the worst. im not saying it cant bounce but it needs too. already this stock is down 6%. since I posted this. it has saved me over the years big money. I have been moving my big money in bonds for past 3 weeks as a precaution. we also have Russia on the brink an money sanctions and army build up an Europe is very worried now an Obama they KNOW is weak. all of this PLUS 5 strait years of a bill market is my worry. good luck but this is going lower. YES other fundamentals do affect any stock but the index is not helping this one an many others.B careful.
like I said you will get lower prices always when a stock breaks thru all averages and thru support levels. now watch the ibb index (BIO) its at 224.00 or so if it goes down to 218 oor so it will bring down all the bios. that's the 200 day moving average an this has saved me a ton.i sold this stock over 10 days ago. an I warned you. but I hope it all rebounds.
On 12/31/13, MDXG did an outside bearish reversal on the daily and has been trading bearish since. If you were trading technicals, you would have sold about then. Selling here, because its "bearish" is a mistake. Buy Low Sell High. Although this stock traded up very well from the last short attack without putting in a strong reversal, I expect one here, soon. I may try and post a chart at stocktwits to illustrate.