After breaking to higher ground last month and subsequently consolidating/digesting the move, it appears that AIT THERAPEUTICS INC - NASDAQ:AITB is starting to wake-up once again as yesterday's action indicates when observing the Daily chart above.
With the stock trading above all of its important moving averages 20/50/200 DMA's, AITB finds itself in a technically healthy posture.
While there is no doubt that AITB is 'Thinly' traded, it certainly appears that buyers came into the stock yesterday and we may just witness some follow-through in the days/weeks ahead.
Thus, both investors/traders may want to continue to monitor the action in AITB for additional clues/evidence with regards to potential further advance moving forward. Should AITB be capable of clearing the $6.25 hurdle at any point moving forward, we may just witness a move into the $9 - $10 zone.
With the stock trading above all of its important moving averages 20/50/200 DMA's, AITB finds itself in a technically healthy posture.
While there is no doubt that AITB is 'Thinly' traded, it certainly appears that buyers came into the stock yesterday and we may just witness some follow-through in the days/weeks ahead.
Thus, both investors/traders may want to continue to monitor the action in AITB for additional clues/evidence with regards to potential further advance moving forward. Should AITB be capable of clearing the $6.25 hurdle at any point moving forward, we may just witness a move into the $9 - $10 zone.
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We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/