Wow, investors are pouring money into IOBT today, it's up by 48.61 percent. The outlook is pretty good in terms of the future earning power of the company as well as the prospects for the industry.
The company isn't at an immediate support or resistance level that might be predictive. Io Biotech hasn't been looking too hot recently, some shareholders have been dumping shares over the last few months which has been driving prices down. In the past 3 months, the asset has lost -91.44 of it's value. So it's not looking great, I'd probably wait for a clearer support level before coming in. IOBT might find some support at the 0.95 level, buyers might push the price back up from here. But it's not very clear what will happen.
