KZA 0.00% 8.0¢ kazia therapeutics limited

it's close... oh so very close, page-7

  1. 106 Posts.
    As we have all agreed for some considerable time , the ovature result is the make or break factor and the MSHL chart most likely has most of the clues.
    It is of interest that since October 2008 , MSHL has technically been in uptrend, ....05.10.2008 $3.00 , with a current low of $4.26. It made a third bottom in May 2009.
    It is also worth noting that the heaviest volume in MSHL's trading history has been over this "uptrend" period and that volume and price have been in positive sync through out .
    Triple bottoms have a habit of even outperforming double bottoms, so they say.
    Momentum , whichever way you look at it , has a hungry appearance.
    Odly , NVGN , since May 2009 demands a strong ditto to the above. Nice looking Adam and Eve bottom if it eventuates . A bottom is only a bottom when its a bottom.
    The recent lows are strongly momentum divergent.
    Someone made the comment that the market does not like whats going on .
    I wonder?
    Seems to me that the market is waiting for the results and has taken a strong position just in case they are good.
 
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