BIT 2.22% 4.6¢ biotron limited

Chart, page-1536

  1. 473 Posts.
    lightbulb Created with Sketch. 236
    Yeah have to agree that cup and handle pattern does not seem to be playing out - handle has retraced too far. 

    However double bottom pattern still in play. This looks quite likely with the amount of support at 11c.

    Just needs a good announcement to start the reversal.

    Hopefully one of the 3 main tactical priorities mentioned in the latest letter to shareholders:

    • Partnering lead clinical program ‐ BIT225 for HIV‐1 eradication
    • Partnering one or more preclinical programs – e.g. HBV
    • Execute a regional licensing deal in China ‐ HCV program remains akey potential opportunity



 
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