API australian pharmaceutical industries limited

keeping the ball in the air, page-3

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    Just goes to show, there are multiple interpretations for any situation!

    Since about the end of March, API has had a support at about $1.70 with, in the past, small excursions upwards. It is correct to say that lately, these have turned into transient excursions downwards, possibly flagging a change in trading psychology. Still on my watch list, but looking too expensive for now.
 
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