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2.70% 3.8¢ biotron limited

I agree somefella89 I prefer this rise and consolidation to the...

  1. mxdbg
    486 Posts.
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    07/07/20
    14:11
    Post #: 45697271
    I agree somefella89

    I prefer this rise and consolidation to the 2018 run. Thislooks way more considered. Unfortunately the dead weight of traders will need to be lightened before it runs.

    It is interesting to see the way this keyline tends to hit a resistance at around 12.5.

    If I were trading this it would make sense based on the keyline alone to sell at 12 - 13.

    Unfortunately, for the traders that have dumped and run, this stock has a massive research component.

    Still, IMO, there is no reason for it to not retrace a BIT more, but If all you short time players want to come for this ride I would not leave it too long.



    https://hotcopper.com.au/data/attachments/2279/2279443-5800ef6e3b86615445455d4c9c6367fa.jpg


    Don’t get greedy.

    Last edited by mxdbg: 07/07/20
    BIT Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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