$BIO is facing large scheduled sales orders above 1 million when it advances to 0.85 and 0.86. That is why it drops quickly when it reaches these values.
It is a great battle between bulls and bears, but at some point the bears will tire, as Bio has a large trading volume and is projected to increase.
BEWARE of high volatility and news. Always be protected to avoid losses!
Do your own research, stay alert and manage the risk of your capital.