BOT 5.48% 34.5¢ botanix pharmaceuticals ltd

Hard not to be short-term bullish if this is the low for this...

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    Hard not to be short-term bullish if this is the low for this recent move down from .16. Assuming it was, you’d still have a new higher low created along with Bullish Divergence on the RSI. Next point to consider *if* we see a reversal here will be, can it reach .16 and flip it into support - if it does, suddenly you’ve got higher high, higher low and we reevaluate there. Lots of ifs and assumptions in this post so take of it what you will!
 
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