BOT 1.82% 27.0¢ botanix pharmaceuticals ltd

Soooooo, not much to report now from a technical perspective...

  1. 244 Posts.
    Soooooo, not much to report now from a technical perspective other than my failure to pick the next bounce to the second! I do agree with you though Trees mid term, and if I was smarter I'd have set a buy for 0.007.

    0.004 might be a good buy target now, but I don't think if it gets to that it will last long.

    I wonder if the price will push hard on the next major trading day or fall again on low volume. There's a clear trend line to break with a close of 0.009 in the next few days. Faiing that it might be 0.004 after all. But really, volume is dead and that being after the last week of broader market bloodletting. The move from single price action at 0.007 to a move to 0.008 with no dip seems positive (consecutive rising dojis), but lack of volume limits the optimism.

    Stochastics are teasing, MACD crossed but with little strength, Williams% tipping forward, but amongst all of that the lack of major buying tempers enthusiasm.

    Any alternative thoughts now we've closed that gap at 0.007?

    Notwithstanding short term views, BNE is definitely worth a punt for the 2012 portfolio ... IMO, JIMO, LMAO, ROFL. I reckon...

    COLCOM

 
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Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
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