Avid Bioservices Inc (CDMO)

[senrex]

FWIW Department: A couple of TA indicators have developed a month-long bullish divergence, but another key indicator seems to have been turned away at the 50 day MA. Still wouldn't be surprised if we get a bit of a run here (note: BIT of a run).

Note: the lower Bollinger Band is 47 cents, and it's possible we close below it before the possible snap back. If we do, that will modify the numbers in the next paragraph.

As of now, if we break 55 cents I'd look for a run to 65 cents. Those prices are so pathetic,I'm embarrassed to mention them. I only post this in case some are inclined to trade for a bit of money recovering and find it marginally helpful -- and that's all: this is NOT market advice.