KZA kazia therapeutics limited

chart for those interested, page-10

  1. 426 Posts.
    Well the Re-Test came AND they beat it. Sort of.
    They 'overshot' it, in a sharp burst of over-zealousness.
    I would still be quite worried about them being able to maintain height, but the new high throws a wobbly into it now.

    I still expect to see a fall soon. Quite probably tomorrow.
    When they do, watch for a CMQ-like Retrace shape. Not necessarily as rocket fast as CMQ did!! But still the same basic shape.
    Thus current holders should also have a bit of leeway before the final decision of their longer term holding. (longer than days that is). If you can ever get within 20c of the highest high (in a $5 area stock), then you didn't do too bad!!

    Personally I will be watching for a $5-20/30 area entry for a very short term play, otherwise a more solid $5-00 area regrouping sometime later into next week.

 
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