BLT 0.00% 2.6¢ benitec biopharma limited

profit taking i call bottom G'day,I am 98% convinced now that...

  1. 2,912 Posts.
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    profit taking i call bottom G'day,

    I am 98% convinced now that this is a bottom in a bottoming formation.

    Volume over the past 6 days has been, 50 mill, 12 mill
    8 mill, 9 mill, 1 mill and today 375,000.


    Moral of the story, the buyers in the 30's and 40's haven't been selling. This has all the signs of profit taking and the sellers are getting extremely stale.


    Could have another couple days bellow $0.20 at most i would suggest.


    All the best
 
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