MSB 3.61% 93.5¢ mesoblast limited

MSB Trading 2020 - a new dawn, page-11285

  1. 12,446 Posts.
    lightbulb Created with Sketch. 3374
    I've been offline for a bit and now can pay attention again...

    I've got a fair bit to catch up, so many posts.
    So what happened - we had a massive pullback?

    I believe we'll skip the lunchtime lull and move on from here.
    • So the traders have exit, and maybe comeback with a new position
    • The weak hand have sold - and hopefully happy with their profits
    • The sharts are leaving the building - I wouldn't be surprised if at least 1% of short positions have been closed today, so shortman should show MSB have around 6% of aggregated short positions in T+4

    The above have led to an SP pullback.
    But, where to from here?
    Who wants the SP lower?
    • Sharts - so that they can exit
    • Buyers - everyone wants a cheaper buying price

    But, we'll run out of sellers at the current SP levels and buyers will have to step up.
    So, I'll be looking for a break of $4.50 range and then we'll be away! biggrin.png
    This is based purely on my observations/ intuition - a call out to the technical guys to give a better guidance.

    Well - let's get on with the SP rise again.
    C'mon 6% increase is nowhere near good enough today tongue.png
    Enjoy the ride MSB'ers and HODL
 
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Last
93.5¢
Change
-0.035(3.61%)
Mkt cap ! $1.073B
Open High Low Value Volume
95.0¢ 95.0¢ 93.0¢ $1.854M 1.972M

Buyers (Bids)

No. Vol. Price($)
16 322419 93.0¢
 

Sellers (Offers)

Price($) Vol. No.
93.5¢ 94568 12
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Last trade - 10.59am 05/08/2024 (20 minute delay) ?
MSB (ASX) Chart
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