Phio Pharmaceuticals Corp (PHIO)

[value1008]

Nice strength into close. Parabolic SAR finally switched from sell to BUY today. I think a fund realized the s/p was close enough to that P-SAR indicator to trigger a buy signal on not too much buying pressure and now the s/p is well above the 50 dma and will likely pull the upper bollinger band back up. Let's see what happens. No good reason why this ever should have dropped sub-$2 in the first place.