Avid Bioservices Inc (CDMO)

[Wildhorses]

jbain,

By my reckoning, 23.8 or so is a beautiful bullish gartley pattern buy point. Kind of matches with Protectors "w's" sermon.

Another comment. Price means nothing without volume - both up and down. I think most people on here are amazed at the large moves down on little volume. Takes many more steps up on small volume to cover the same territory. That's the market in general - not just CDMO.

Finally, hopefully something of interest, rather than me blabbering. As of today on IBD, CDMO is rated:

Number 5 in the group of Medical-Biomed/Biotech stocks. (VRTX, AMPH, REGN, and EVO are higher)

The group unfortunately is currently ranked 123 out of 197 sectors.

Current RS (Relative Strength) rating is 96 - that's excellent.

Accumulation/Distribution Rating is B - strong.

Up/Down Volume is 1.8

% Change in Funds Owning Stock - 4%

Qtrs. of Increasing Fund Ownership - 5

Still looks awful good to me. Just saying.

Regards,

WH