Seasonality trends in biotech historically favor mid-year rallies, and current FBIO stock forecast pricing strategies position traders for potential breakout opportunities in June–August BAY HARBOR ISLAND, Fla. (AP) — BAY HARBOR ISLAND, Fla. (AP) — Fortress Biotech Inc. (FBIO) on Tuesday reported a loss of $5 million in its third quarter. While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. FBIO meets this criterion too, as the stock gained 7.7% over the past 12 weeks. Technical charts for FBIO stock forecast show a breakout attempt above the 50-day moving average; sustained volume over 1.5M shares could signal bullish momentum in the short term.
