BLT 0.00% 2.6¢ benitec biopharma limited

chartists input wanted on blt please , page-33

  1. CR8
    5,972 Posts.
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    expect a retrace according to the chart of Pewal as it has broken the 53c mark and not yet reached the 44c mark it will go to the 61.8% retrace then the 50% retrace if it was not for the shares coming out of escrow the support may be breached to 38.1% or 37.5c

    distribution of shares is the natural order of such a rise to between 44.5 and 54c with some movement of the price either side being minimal after the above (paragraph) is confirmed

    i could be wrong however who would have thought the gap at 48 would not be filled this is a when not an if 'event'

    any day now may even be today
 
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