good morning all ,
i have been flat out in my other job "dept collecting ",and neglected the charts .
i am not the greatest chartist and would invite any alternate interpretations ,but it would appear that we closed below the lower bollinger band around the 7 th with a trend reversal there after .On friday we broke through the mid bollinger band which may now act as a support and we could see a bounce with an up trend following the upper bollinger .
interestingly on the weekly charts we have been in a downward trend since April last year !!
Professional shorters would probably avoid the stock at this time .
Impending announcements re milestones and phase 3 trials may act as a fundamental turbocharger on top of the strong technical data ,in other words the "debt collector "will be knocking on some collins st doors shortly !!;)
re:i see something !!!
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Last
$1.07 |
Change
-0.055(4.89%) |
Mkt cap ! $1.221B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.06 | $8.816M | 8.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 280000 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |