XBIO Continues Bear Trend

XBIO has a gap between support at $1.03 (green and regression trend lower limit), and its current pre-market price of 1.12, additionally...

• All moving averages point to a sell
  
• RSI/Momentum is unsupportive and will not assist in price stability
  
• Lack of volume shows volatility and lack of trend resistance
  

Short term XBIO is a clear sell/put. Long term however XBIO maintains its momentum and may reverse its trend.

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