BOT 5.48% 34.5¢ botanix pharmaceuticals ltd

Bit of a head & shoulder pattern forming. Need/would like it to...

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    Bit of a head & shoulder pattern forming. Need/would like it to consolidate here (13+) but still some room to move downwards unfortunately. RSI also not in oversold territory yet.
    Don't expect the yearly uptrend to be broken and support at .12 to hold (midpoint of dominant candle 30/06).

    More incoming news such as R&D figures and Kraken rev. should break this current sharp downtrend.

    https://hotcopper.com.au/data/attachments/5659/5659981-0facc6423678c5312f2d9139a183051a.jpg
 
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