BOT 4.76% 22.0¢ botanix pharmaceuticals ltd

These charts are anyone's guess, and if it did back test 0.185...

  1. 2,652 Posts.
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    These charts are anyone's guess, and if it did back test 0.185 no big deal. The amount of volume we're seeing would probably mean it wouldn't stay there for long at all - hours if not less than a 30 minute window to actually get some at 0.185 and that's if your purchase order was lucky enough to hit AIMO of course. . I can't see too much volume at 0.185 - i think 0.19 was tested today and the demand too strong. You only had to look at the close to realise that enough people wanted it at that level.

    I think it won't fall below 0.19 personally but the below chart does show it hitting the 0.185. might play out like this or nothing like this. time will tell

    https://hotcopper.com.au/data/attachments/6057/6057623-2a42d4f2b85561fa26ab6f50cd260ed2.jpg



    i posted this on the 06/03
    https://hotcopper.com.au/data/attachments/6057/6057633-4513563d74d29a1f9ee1c8ca5841c243.jpghttps://hotcopper.com.au/data/attachments/6057/6057644-05580141aa3238b7280a4ad0aaa09ace.jpg


    a lot can change in 2 weeks...
    https://hotcopper.com.au/data/attachments/6057/6057639-7652c07405c9ba7e22800f0a5448bd4d.jpghttps://hotcopper.com.au/data/attachments/6057/6057645-6af9d704d5960c7379ac6ca7537601d3.jpg


    I want to come back in two weeks and see if there is going to be a drastic difference to the above, something tells me there will be. and then there's the volume..

    https://hotcopper.com.au/data/attachments/6057/6057648-a0978d8b5f629dd51f2d663cddf5a1cf.jpghttps://hotcopper.com.au/data/attachments/6057/6057649-13555c80956766317377ca5da99ecda0.jpg
    the average daily volume has increased by 1m in volume per day since this was originally posted on 18/03 - 7 days ago... The demand for BOT at a level between 0.19 - 0.21 has been very strong... people are grabbing as much as they can at this stage and i think we'll see ourselves climb over 0.21 shortly and stay well above it..

    good luck to all holders... new and old.


    Last edited by marsman86: 25/03/24
 
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