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8.0¢ kazia therapeutics limited

KZA Chart, page-6

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kickst@rter

2,988 Posts.

258

04/08/20

10:40

Post #: 46284466
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Originally posted by tinhat: ↑

Potential exhaustion levels for the current pullback are $0.52, $0.495 and $0.465.

A reversal at $0.52 would see the support line of the uptrend remain intact. The recent uptrend appears to be a broadening wedge with no strong support line forming a bottom to the channel indicating support to continue in uptrend is weak. The P&F chart suggests that $0.465 would be a strong level of support and could be a great buy opportunity.

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Honestly, the chart is just plain boring. Nothing apart from noise can be interpreted. Soz, but I'm not ramping.

KZA Price at posting: 53.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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