KZA 0.00% 8.0¢ kazia therapeutics limited

Ann: Novogen & Feinstein join forces against brain cancer, page-41

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  1. 102 Posts.
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    Plough, I can understand why you are in and I agree that there is a very high reward potential, but from a medium term perspective. WOW operates on dynamics that are different to NRT. However the very high risk on NRT is getting in now, especially when the Stochastics, RSI & Williams indicators are signalling an OVERBOUGHT stage now. The immediate reward could be a spike upwards in an already overbought stage (followed by a correction to the price which could catch late-buyers off-side). The upwards spike is not guaranteed immediately and is dependent on a number of speculative factors. I prefer to wait until a safer entry signal beckons.
 
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