Mobio Technologies Inc (fka MBIOF)

[robinandthe7hoods]

It's hard to tell what will happen with this stock,but we are still way above the Bollinger Bands on the weekly chart and in overbought territory on many signals.Imo,we still have a major correction to go through before we can go onto the next leg.
I'm looking for this to get to the .50-.55 level before the correction is over.
I'm expecting the stock to go through the same pattern as on the way up,start up on the day then work its way down to lower lows until we get into the .50s.The move so far above the PP price wasn't normal.
All just my opinion. If that occurs,I will buy back in.We'll see if I'm right.