At the moment it looks like consolidation as per last week is happening after hitting mild resistance at $1.32, we are likely to get another pennant/flag formation; a breakout from that should see BTA hit $1.50 (mild resistance) followed by consolidation and then a breakout to $2.05 which will fill the gaps and at that point we will need some good news to move the price higher as there is solid resistance at that point.
At $2 - $2.10 BTA is dirt cheap and thats why I'm very confident we will see that price within a few weeks.
If the current escalation in swine flu outbreaks increases it could force authorities to give Lani (Inavir in Japan) emergency approval and if that was to happen then the share price will head significantly higher.
BTA is without doubt a takeover proposition so that should not be counted out by investors imo.
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