BTA
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0.00% 57.0¢ biota holdings limited

watch for a break out of a short term descending triangle...

  1. lenzj010
    211 Posts.
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    10/06/09
    17:26
    Post #: 5262863
    watch for a break out of a short term descending triangle pattern in the next few days. we hit resistance today at 1.25, next resistance is at 1.37 and then approximatly 1.60-1.65. After that i dont know, it could be blue skys.
    So my bet is we breakout friday or monday. Hopefully coinciding with some kind of anouncement from WHO/GSK/BIOTA.

    P.S. Im all in, woohoo
    BTA Price at posting: $1.21 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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