hangas75, the bottom bollinger band on the daily is currently sitting around 19.5c, so there is a strong possibility that the SP could be heading around there in the near term.
IMO sentiment has deteriorated in the healthcare/biotech sector in the short term, the biotech sector on the nasdaq has been under quite a lot of pressure over the last few weeks.
Also PBT's massive drop today of 75% will further add to the negative sentiment in the sector.
dyor
technical update, page-138
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