BOT 0.00% 32.5¢ botanix pharmaceuticals ltd

Thanks mate, I expect we head back to test the .115 recent low....

  1. 57 Posts.
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    Thanks mate, I expect we head back to test the .115 recent low. If you draw a trend line on the major trend you'll see .115 is a really key trend line of support now being tested for its fourth+ time if you consider recent price action. I've quickly put a couple of snapshots together below. You'll see where the next trend line resides. The rectangle coincides with an area BOT has spent a lot of time at during the year.

    https://www.tradingview.com/x/KbCwAU2E/

    Then if you have a look at OBV below, you'll see we have a couple of really key support areas BOT has to hold, if it loses both of those in the coming days/weeks I expect we'll see my green rectangle visited quite fast.

    https://www.tradingview.com/x/m46mBUwG/




 
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