Further Bearish Momentum? - Daily Interval - XBIO

Hello Successful Investors,

The stock (XBIO) has endured quite a concerning amount of negative (bearish) PA within the last few weeks... what is even more worrisome is there might even be greater south-side movement.. be diligent and plan accordingly prior to entering this volatile stock.

Resistance Level 3 - (13.00 - 14.15) 1.15 cent interval

Resistance Level 2 - (10.30 - 11.45) 1.15 cent interval

Resistance Level 1 - (8.75 - 9.90) 1.15 cent interval

Key Price Zone (KPZ) - (7.00 - 8.30) 1.30 cent interval

Support Level 1 - (2.90 - 4.05) 1.15 cent interval

Furthermore, the current catalyst that derived such behavior is the "$15 million of under-written stock"

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***

-LionGate