PYC 0.00% 17.0¢ pyc therapeutics limited

the next step.... organoids of the eye bring PYC closer to answers, page-2

  1. 211 Posts.
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    Hello Travelbug2, you asked for a chart and here it is.

    Below are my personal observations and technical analysis that I would like to share with HC members for discussion.

    It looks like someone knows something a week before the news.
    • 06-Aug-2019 extremely high volume of 38.987M shares have traded one day before PYC announced their Technology is Effective in Human Cells. In fact SP has started shooting up from a week before.
    • 25-Nov-2019 SP slummed 19% one week before the Entitlement Offer @ $0.055 is announced.

    On 30-Dec-2019 the strong green candle broke above the short term downtrend line (red) with conviction. The resumption of uptrend is now confirmed.

    Currently it is consolidating around the support/resistant line and also the R2 pivot line at 6.4c. The next target would be the last peak at 6.9c which is also the R3 pivot. Once cleared that, the next target would be 8c at the 123.6% Fibonacci level.If you would like more technical analysis in the future, please click the "Great analysis" button!
    https://hotcopper.com.au/data/attachments/1930/1930547-9c50aaa7d0cdf41c18e27ae15b304dc3.jpg
    Last edited by Medicine Man: 17/01/20
 
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