BOT 7.46% 36.0¢ botanix pharmaceuticals ltd

Hi @FAnotTA, I'm a fellow shareholder just like you and have no...

  1. 185 Posts.
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    Hi @FAnotTA, I'm a fellow shareholder just like you and have no benefit from downramping whatsoever. All comments made above have been completely from a technical analysis perspective and noting that momentum has now waned (which happened after my own recent entry, unfortunately - hey, these things happen - it's part of trading). As noted, any further purchases below the levels noted by @aaragon's analysis would be from a value aspect or a long-term perspective now. I'm a momentum trader and refuse to have my money parked in companies that are drifting aimlessly - I'm happy to be transparent in that fashion, pure and simple.

    Like I said, I see good merits in the company, but where is the share price performance at the present time? This is concerning right now - let's face facts. If bulls don't regain control in the near future, this share price performance does have the potential (and I'll repeat the word - 'potential') to fall beneath support areas. That's just pure technical analysis at play, nothing more. I can't change the text books @FAnotTA. Set stops and move on if the trade fails, sleep well at night. I've said my piece, have a terrific day, let's all see how this unfolds - hopefully many patients will benefit from the company's efforts, which, after all, is the company's mission that we're all aiming to support along the way.
 
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(20min delay)
Last
36.0¢
Change
0.025(7.46%)
Mkt cap ! $567.0M
Open High Low Value Volume
36.0¢ 36.5¢ 33.3¢ $14.94M 42.66M

Buyers (Bids)

No. Vol. Price($)
7 112268 35.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 276101 7
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
BOT (ASX) Chart
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