BIT 4.76% 2.0¢ biotron limited

10c on the Horizon, page-260

  1. 2,060 Posts.
    lightbulb Created with Sketch. 1393
    14.0c close with small green bar anf small wick.
    The compressed daily range is a positive.
    The lower volume makes it unconvincing but may signal shorts & sellers have fizzled out.

    Wait for next week.
    if it goes below 13c then its still a bear trend, if it flatlines around 13-14 like today then we may be at the boring flooring pattern.
    Still 2c to 14c is a great 7 bagger runup.
    Many suckers rallies here so still too volatile with risk to the downside.
    The near neutral doji candle today is not telling us much unless there are 3 of them in a row.
    need to see that dragonfly 14-9-14 daily to show its a real support point.
    that 16c dagger to 14.5c back to 16.5c last week showed it wasnt true support as we are below the low of that intraday low right now.

    just being realistic not downramping. Its shares so dont be emotional,
    there aint no pot of gold at the end of the rainbow.
 
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