Avid Bioservices Inc (CDMO)

[senrex]

Technically, there's been damage done to the PPHM chart. $2.76 is critical to hold -- it's the Weekly 50 SMA line of support going back to the company going public. Also, it sits precariously on a 2 yr RSI (Relative Strength) upward trend line of support.

The only "good" (very relative term here) news is that the awful sell-off of the past few days is coming with relatively lighter volume.

Sean