PacBio Is Trying to Base Above $2.40: A Trade Setup Built on the Consumables Story
PacBio (PACB) is acting like a classic early-turnaround chart: higher highs into a fresh 52-week peak, then a sharp dip back toward near-term support. With price sitting around $2.47 and key moving averages rising, the setup is simple: bulls need to defend the $2.40 area and reclaim recent highs to confirm a breakout attempt. The fundamental narrat…