PSD psivida limited

waiting

  1. 3,707 Posts.
    Grabbed myself another lot of PSD at 91 cents right on the close.

    I was thinking about jumping the others at 90 cents by putting up a 91 cents bid, but hell another guy also wanted 10k at 91 cents, and I am forced to pay one cent higher!

    A technical bounce should happen within the next few days I suspect, and this should at least fill the gap at 97 cents. Not sure if it can climb above $1.00 or not, but if it can, then it would be great!

    Buyers are still cautious about people selling, but the downside from here is probably 88 cents the worst case scenario I reckon. RSI still reads at 22. LOL

    Take your pick!

    (Not saying that I like the stock and will hold for long, just that I beleive a bounce is very close indeed)
 
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