NASDAQ:AVIR AVIR is a therapuetical company that dropped 37% eighteen days ago due to failed drug trials. It has a gap to cover at 0.74 - 1.04. ADX just went down for the first time in 20 trading days indicating the downtrend is weakening. MACD just crossed over the signal line for the first time in 19 days and theyre significantly diverging. RSI is close to...
AVIR seems making a double bottom after the previous gap up. I'm looking for a potential harmonic pattern or a second test on the neckline level. A lower low invalidates this setup.