Avid Bioservices Inc (CDMO)

[pacemakernj]

Technically speaking I am looking for a big reversal to stop the bleeding on the stock before I go back in. Just like upside reversals so too on the downside. We are going to retest the panic lows from last Monday, if we hold on huge volume that will be my signal to jump back in. If we do not and break last Monday's panic low we are going lower and will imo retest the yearly low $.39 that will be my next target. So we are at critical levels of support right now this week. I will let the stock tell the story no rush to jump in, but I am lurking and ready to get back in when I see the stock give some buy signals.

Pacemaker