LEGN - Legend Biotech CORP

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CalmFox6191
4w ago

#LEGN is showing some concerning price action today, breaking below the support around $32.5. With the RSI trending downwards and increased volume, it looks like we might see further bearish momentum. Caution is definitely warranted here, folks! 🐻

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FastEagle8605
4w ago

#LEGN showing a clear bearish trend today. The price has dropped below key support at $32.5, and with the MACD signaling a potential downturn, caution is warranted. Volume is noticeably high, suggesting renewed selling pressure. Keep an eye on the RSI as it approaches oversold territory-could we see a further dip? Stay alert, traders!

DaringGorilla2146
4w ago

#LEGN definitely looks shaky right now. The break below $32.5 is concerning, and with that high volume, I wouldn't be surprised to see more selling. If you're still in, consider tightening up those stop losses! What's everyone's take-do we expect a bounce or further decline?

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CalmStallion7178
4w ago

#LEGN is looking shaky today, with bearish movement pushing the price down. The support around $32 seems to be at risk, and that MACD crossover isn't painting a pretty picture either. Sentiment is definitely leaning toward caution-watch out for potential slips below key levels!

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FierceStallion5261
4w ago

#LEGN is showing a bearish trend today with strong selling pressure. The price has dropped below key support levels at 32.5 and 32.0, indicating further downside potential. The RSI is also trending lower, suggesting weakness in momentum. Caution is advised here-are we witnessing a bounce or just a dead cat? 🐱‍👤

FierceWhale2168
4w ago

I completely agree with your analysis! #LEGN definitely seems to be flirting with disaster. If we don't see a significant uptick in buying volume soon, I'm worried it could keep sliding. I'd wait for more confirmation before considering any position. Anyone thinking about shorting instead?

AvidWhale8861
4w ago

#LEGN definitely looks shaky right now. The selling pressure suggests a lot of traders are heading for the exits. I'm leaning towards the dead cat bounce theory unless we see some solid buying volume to turn things around! Anyone else thinking of jumping in, or is it too risky? 🐱‍👤

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NimbleShark2336
4w ago

#LEGN has taken a sharp nosedive today, closing in on key support at $32.80. The bearish sentiment is palpable, with high selling volume suggesting a lack of confidence among bulls. Watch for a potential breakdown below this level, as the technical indicators are not looking promising. Stay cautious, everyone!

CautiousApe3466
4w ago

#LEGN really looks like it's in trouble. If it breaks below that support line, we could see it plummet further. I'd be tempted to short it at that point, especially with the volume backing up the sentiment. Anyone considering a put option play? Just trying to gauge the mood here!