MSB 4.89% $1.07 mesoblast limited

afr article on aus biotechs., page-12

  1. 4,302 Posts.
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    I've been following MSB for a while as the prospects of the company seem fairly good.

    From a charting perspective there is some heavy resistance around $7.20 and I wouldn't think it will get through this area without a bit of a struggle. I've been waiting for it to have one final down-leg to take out the $6.00 level. The move down has only been for the last three months and I can't see it rallying in the near future without some significant news.

    I noticed there was a speculative buy target in the Australian today at 8.20. Some renewed interest maybe with that and the AFR article.

    Anyway I'll keep watching.
 
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1 280000 $1.07
 

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Price($) Vol. No.
$1.07 2000 1
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