A number of posters have politely indicated to you that you need to consider that charting doesn't really work with a company like MSB that is 'generally' announcement driven ?
For example;
Say if this morning we received an announcement that Novartis was walking and is not interested in any indications whatsoever, the handle part of your C&H chart would turn into a cliff - one which the share price would fall off to a share price starting with a $1.xx ...
Perhaps at least consider that you could be the one that turns out to be wrong and not the other people trying to point out examples like the above to you where your analogy would turn out to be flawed ...
..... IMO until something positive like an FDA AA for Ryoncil or a huge global CHF partnership deal is announced the share price is likely to bounce around where it has done for the last couple of weeks
GLTAH
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Mkt cap ! $1.792B |
Open | High | Low | Value | Volume |
$1.72 | $1.74 | $1.52 | $15.63M | 9.716M |
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No. | Vol. | Price($) |
---|---|---|
1 | 5127 | $1.57 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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3 | 15000 | 1.560 |
1 | 507 | 1.550 |
2 | 8950 | 1.545 |
5 | 81611 | 1.540 |
Price($) | Vol. | No. |
---|---|---|
1.570 | 39613 | 3 |
1.575 | 6173 | 1 |
1.580 | 119061 | 10 |
1.585 | 5500 | 1 |
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