Avid Bioservices Inc (CDMO)

[chenzo11]

You're welcome IFU, I've updated the chart. As you can see we are in the "safe zone" now. The volume on Friday was good, but not great (the highest we've had in 11 days though). IMO, this is one of two things:

(1)The beginning of the next attempt to break $2.05. If this is the case, we will see higher volume on Monday than Friday and a closing break of $1.88 resistance.

or

(2)The long upward leg of Friday's candle was exhaustion (after three up days) thus the lack of real strong volume on Friday

We'll just have to see how it plays out on Monday

Thanks for taking the time to dummy it down so it was "Marine Proof"..

Thank you and all the others here who have served so bravely. My one regret is that I didn't. Chose college over enlisting. Looking back, I definitely could have used the discipline



GLTA

Chenzo