BPO 0.00% 0.3¢ bioprospect limited

any ideas?, page-3

  1. 3,958 Posts.
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    I agree.. who knows!
    While there is possibility of news regarding Qcide commercialisation progress, or results of field trials, we shall have to wait and see.
    There could also be news regarding the termicide product.
    From a technical point of view, after reaching the lows of just above 5c in March, BPO has been in an uptrend since then, with resistance around 11-11.5. The run this week has turned down from just below this point, thus confirming this area as a resistance area that is increasing in significance.
    I suspect that if no news is released, then price will continue to drift lower. But on the other hand, if that 11.5c level can be broken on some decent volume.. then anything can happen.
 
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