BIT 12.7% 6.2¢ biotron limited

It's done most of the heavy lifting this wk to get into the...

  1. 4,156 Posts.
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    It's done most of the heavy lifting this wk to get into the 11.6c-18.2c range. If we can finish today above 11.6c it would be good.

    Ideally we go into the 15's in next couple of weeks and consolidate back to 11.6c leading into early March. With price action you want to see a strong base being layed out and built, not up up and away every week. We've seen what happens when that plays out "2018". As we go higher there will be more pressure on results from BIT so lets not loose sight of that. If they are wishy washy from here on it will flop again.

    If only the correction was a simple ABC correction because this is where you'd houseit and go all in since we've reached price overlap with the 2018 base. But as it's a complex WXY correction odds aren't as high.

    So far MM doing the right things and out there flogging the horse.


    https://hotcopper.com.au/data/attachments/1969/1969371-e3d0b5aca7ad1eb052183dead9c12089.jpg


    Go team green! : )

    https://hotcopper.com.au/data/attachments/1969/1969404-21118d119b53d824b2e1107014e5b7b3.jpg
 
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