To The Moon

$iBio(IBIO)$ is an innovator of precision antibody immunotherapies. This company have invested in AI, and their platform is AI-driven.

The company is constantly investing in continued development of the RubrYc® Discovery Engine, the artificial intelligence (“AI”) platform used to create the majority of iBio’s therapeutic candidates.

This is useful especially now A.I. hype is still on, here is one good example of how A.I. is being used in the biotechnology industry. Hence, we should look beyond what A.I. is actually all about.

The focus have been on the search engine and ChatGPT. There are much more useful investment to be made into an A.I. driven company like $iBio(IBIO)$

17 Feb 23 - Surge in share prices

Its share price went up after they announced a new immune-oncology program. As the company have mentioned before in November 2022, that most of their candidates are created from their A.I. driven platform.

Quote what their interim CEO and CSO said: “The targeting of a very specific, patho-physiologically relevant, region of MUC16 is a testament to the versatility of our AI technology, as it successfully shows it can be applied to a broad range of targets. This success adds to the growing list of target classes to which we have made differentiated antibodies using our patented epitope steering technology.”

Capability of IBIO A.I. driven platform.

I believe they are in a position to come up with better and faster program given that they would invest in getting their platform to be explore more treatments for cancer.

I would foresee better outcomes for this company. Hence I believe it should reflect in its share price.

My Model Prediction

My model has predicted a BUY signal for this stock, which I will seriously consider to buy some into my portfolio. I would need to see the price move close or above VWAP.

I will monitor how the volume build up in pre-market 1 hour before actual session open. There might be certain session where investors would be selling to take profit (these are people who might have enter last week) when the price go up.

@TigerStars appreciate your support, thanks in advance for your support!

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Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Technical Analysis, and there are many other indicators that need to be look at together. (e.g., Price Action, Volume, etc.).