The issue is mostly the IBB dive IMO. Almost all bio's, especially mid caps and small caps are taking it hard. The thing about ZIOP is there were no divergence hints. If 70 has been a consistent indicator for ZIOP I understand. Some individual stocks can be accurately projected when one is familiar with the history. I haven't traded ZIOP so not familiar with its tendencies. Best wishes. This dive is widespread. Best wishes.
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