MSB 2.17% $1.13 mesoblast limited

Careful guys with the averaging down stuff...chart doesnt bode...

  1. 3,849 Posts.
    Careful guys with the averaging down stuff...chart doesnt bode well if your long. Next support $6 around the open gap then $5 below that and another open gap at $4.

    Always a risk with stocks that run up so quickly: there's so many thin zones on the way back down.

    Once it fell thru the $7.10/7.50 band it broke support thats held since end of March.

    As they say "you can always buy it back".
 
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