My expectations are that SP will drop back to previous supports at 6.3. As noted in this thread the challenge with strict biotechs is that their outcomes are binary; it gives little room for storytelling in between announcements that can (as we know) lead to consumer buying. I've got a great parcel at 6.4 so if I see an upwards gear shift today I will be hard pushed to sell and then re-enter a position down the line.
My number 1 focus point this week is share volume (interest) New broker buyers etc... If there's no change in interest then for the short term at least we know which direction this will be heading.
My expectations are that SP will drop back to previous supports...
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Last
$20.52 |
Change
0.660(3.32%) |
Mkt cap ! $2.622B | |||
| Open | High | Low | Value | Volume |
| $20.00 | $20.66 | $19.94 | $6.431M | 315.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1024 | $20.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.53 | 285 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |