Aveo just reported results on recent clinical trials, after a positive result the stock still plummeted 20%. With such a low market cap are we seeing manipulation or panic?
Either way we are left with nice looking setup; bullish divergence on the RSI. It has not turned yet but premarket the stock is up over 6% so it should turn immediately.
Time to find out.
This is not financial advice etc. I am not a financial adviser, trade at your own risk player.