Provectus Biopharmaceuticals Inc (PVCT)

[123tom]

PVCT is well within the big support zone Ive described in my TA charting.
this 2 dollar area is the low zone, granted.... but the layers of stairsteps have been hanging in there ok, through the greater biotech sell off. Many other biotechs have gotten hammered much worse.
My last post about PVCT, and mentioned to Suberized, that I saw a big pivot low target around 2.13....and thats why price has hovered much of the day at this area. the low of 2.04 looks like a clever bottom to me. I had my stink bid right there but only half got filled.

From the 2.70 area to todays 2.04...that's a 25 % pullback. sounds ok to me.

The new post by Trust Intel, sounds like more good reason to be positive. I don't mind buying a little more here.

I am not allowed by my Self directed IRA account to short stocks, but if I could I might have gambled at2.70 for a small trade to 2.13. nice profit . and now I would call it finished.

I wouldnt be buying shares at 2.40 or higher, but 2.13-2.00 seems fine to me.

Many other biotechs collapsed in the last several days. PVCT hasn't been that bad.