BIT 0.00% 1.9¢ biotron limited

chart daily, page-3201

  1. 294 Posts.
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    Not selling, accumulating. With an expiry of November 2024 this should cover the anticipated foreseeable announcements. With the biotech sector around 50% down across the board since 2021 I think a 6 cents call price is more than achievable over that period. The 200 day moving average for BIT is around 6 cents and I expect that we will have a golden cross coming up in the next month or so upon which I think a return to the 6 cent mark is possible shortly after all going well. With a 52 week high of 11 cents for BIT I see that as a good margin above the current BITOC price plus call price. So I think BITOC will continue to trend upwards in the short term and will logically follow the BIT price where ever it goes.
 
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