5 yr and 10 yr charts I see large accumulation from 2011 to 2013 (large accumulation) My theory, it was accumulation to gather shares to short the stock for the long term.
After that the big volume days were used to bring the stock down heavily. Then slow grind down for years.
What is going on since the low is upward movement on higher volume but not huge volume.
A 10 million share day could really blow out this stock.
On the 5 and 10 yr chart first big overhead resistance is at 6 bucks, second resistance level at 10 but there was not much volume at 10 so should not be that hard to take out if...
We have excellent trial results and institutional investors backing for the long term.
Just my perspective right now ( but having a few drinks)
Good luck visionaries
5 yr and 10 yr charts I see large accumulation from 2011 to 2013...
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Last
$1.35 |
Change
0.105(8.43%) |
Mkt cap ! $1.541B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.40 | $1.27 | $16.46M | 12.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 59739 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 5000 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |