PAR 1.92% 25.5¢ paradigm biopharmaceuticals limited..

4hr chart: Descending triangle, series of lower highs, tested...

  1. 298 Posts.
    lightbulb Created with Sketch. 107
    4hr chart:

    Descending triangle, series of lower highs, tested support multiple times at $2.20 before losing in May.
    Attempted to reclaim but rejected $2.20 then formed resistance there in Jun and Jul.

    Same $2.20 region tagged last week which coincides with the 200EMA, then sold down Tues on volume.

    Doesn't mean the companies long term prospects are affected or any thesis is invalid, just an objective view of price.

    Each move lower increases attractiveness to accumulate, some opportunities could beckon for the long termers.


    https://hotcopper.com.au/data/attachments/3438/3438815-e0f2c676ebb77cc4d76d700eb79102c4.jpg


 
watchlist Created with Sketch. Add PAR (ASX) to my watchlist
(20min delay)
Last
25.5¢
Change
-0.005(1.92%)
Mkt cap ! $89.19M
Open High Low Value Volume
27.0¢ 27.0¢ 25.5¢ $261.4K 990.7K

Buyers (Bids)

No. Vol. Price($)
1 9999 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 9445 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.