Replies to post #48136 on Avid Bioservices Inc (CDMO)

[cheynew]

Looking good, now let's get some volume. Maybe they're trying to scare the guys in this afternoon's session into buying!

[TXDESERTFOX]

Isn't the 200 day moving average about $3.50? Looks like we could break through!

[swg_tdr]

cheynew, re breakthru, need to mount 3.46 with volume, IMHO

today we pierced 3.35, the prior hi of 2/18 and 2/19, and significantly, we closed above the downsloping line (5/29 start point) connecting the recent highs.

3.46 is previous to last/current hi, but there is a bunch of resists at "whole numbers" 3.50, 4.00 4.50 etc. Just the same, with proper market recognition including risks, [url]we should be at least at $6.00 now, if we had a savvy management this pipeline deserves -- and I am looking for $12 by year-end, the least.

regards,
NH