BPO bioprospect limited

Quite a nice ride up since shares generally bottomed on March...

  1. 7,728 Posts.
    Quite a nice ride up since shares generally bottomed on March 6.

    I continue to have long-term faith in this company, but it could do with a good injection of capital.

    Breakout on Thursday and Friday was on low volumes (150,000), so a bit of caution there.

    Price has nudged above resistance, and as with most stocks, indicators on the daily are at over-bought.

    However, the weekly is in better shape for an up move (after a breather).

    So, with a slight rest it could pick up momentum again and head north.

 
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