BOT 1.43% 34.5¢ botanix pharmaceuticals ltd

Afternoon all,Good to see BOT finally got a pullback, RSI was...

  1. 116 Posts.
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    Afternoon all,

    Good to see BOT finally got a pullback, RSI was getting very out of hand - makes me alot more confident in this trend now as RSI is retreating under 70 to set up again for a move higher.
    If it kept going at that rate there would almost certainly be a dump on FDA announcement - good or bad.
    Id like to see a few days going sideways on low volume and a good push end of week back up to highs.
    Bought some more this morning and looking to add at 17.5/17 if we get there.

    Still have a few weeks before FDA, good chance the chart spends some time setting up a constructive pattern before the announcement.

    JD



    https://hotcopper.com.au/data/attachments/5525/5525306-fd598dc6911fc6354b783d670b16cb34.jpg
 
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Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
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