Replies to post #34640 on Avid Bioservices Inc (CDMO)

[JAKE17]

FROM A LONG TIME LONG.............


the 30-day MA is about to cross below the 60-day. The 60- and 90-day MAs are still rising, but that is big-time bad joo joo when the 30 crosses below the 60 (and ultimately, the 90-day MA). Technical indicators on the daily chart for this are heading into the toilet.

Another thing to look at is a head and shoulders pattern on the daily chart. BEARISH. But what else is new for this...