MSB 7.69% $1.19 mesoblast limited

Technical analysis of two dumps on FDA announcements (11/08 vs 02/10))

  1. 113 Posts.
    lightbulb Created with Sketch. 8
    11/08
    https://hotcopper.com.au/data/attachments/2524/2524885-c226013b2ec2004e6fbdc45f92fe94f2.jpg

    02/10
    https://hotcopper.com.au/data/attachments/2524/2524899-497ff8a7fb2b42e838fa3638d79e5eb7.jpg
    I clear my shares @3.35.

    If you can read the chart and you will tell the difference right away.

    On 11/08, the large amount the volume is on every bottom of the chart. SOMEONE is buying cheap, and they want the price to be as low as possible and even have W bottom in the end.

    However, today, the large amount the volume is on top. Apparently, SOMEONE is exiting at the top ($3.5). Buying @ $3 on 11/08 and exiting @3.3 now, they still make profits.

    For now, it is too early to tell whether MSB's story can continue....
 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.