BOT 5.00% 38.0¢ botanix pharmaceuticals ltd

Bot Chart, page-3397

  1. 2,381 Posts.
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    To the extent that technical analysis is a useful tool, this was always on the cards.

    The weekly chart was neutral coming into this week and the previous resistance around 6.5c was tested yesterday but not breached.

    Today the overall market has jumped and BOT has pushed through 6.5c moving it above the ascending triangle (on volume).

    This is a bullish sign and people have jumped in as a result with 10c now the next clear target.

    https://hotcopper.com.au/data/attachments/2498/2498540-53a3d1fd0f5d73f1a6ebd00696b63bd8.jpg


 
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