daytrading april 17 thursday, page-42

IVX/NEU

A couple of key bio stocks on the ASX, with relatively strong newsflow coming this year. Both are either sitting-on or very close to a .618 retracement.

For traders, worth watching for any bounce and for LTers, could be an opportunity to take a position imo

I think the combination of PBT's disappointment and the daq correcting has spooked the market somewhat but imo this is the time to be considering these types of stocks.