Glad to see you have been successful with this company, your selling and buying points have paid off. we never know the ultimate outcome but we can only plan for what looks a very likely route to success. Regarding the price of $3.90, I think it will range around that price sometimes lower sometimes higher for a period of time, doesn't really matter a lot now. In my opinion the 50ma will bottom out near a particular future price action before it curves up with the new breakout. the stock appears to have sometime to go to do this but is consolidating day by day .
Buying now does lock in a pre breakout price that hopefully assures a good low entry point but it night take time up that you could invest elsewhere for a short trade. Looks like you have done that anyway.
These things just don't happen institutional investors shakeout retail investors and then accumulate after a good run up they then distribute to retail to take profits, at the moment its shakeout time to find a base and then volume will increase eventually to herald the next move up .It may have to cycle through a few ups and downs but over the next couple of years if not sooner we will hopefully at least mirror TLX share price.
Aside from the above I have been dredging through the Biotech and pharmaceutical stocks and listened carefully to Alan Taylor and fund investors, read all the announcements It looks like one of the best stocks to me . The decision is how far can this stock go in value because a significant investment carefully managed could be a life changing event for some shareholders, in any event I remain cautiously optimistic, because I have lost count of the number of posters that think they have bought into the holy grail
CU6 Price at posting:
$3.94 Sentiment: Hold Disclosure: Not Held
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