BTA 0.00% 57.0¢ biota holdings limited

From the view of BTA chart, it seems BTA is going to fail. It...

  1. 81 Posts.
    From the view of BTA chart, it seems BTA is going to fail. It peaked at $3.47 on 16/10/09. Since then, it gradually declimed with a few lower high, $3.25 @17/10/09, 3.15@4/12/09, 2.59 @17/12/09, and lowered low, 2.63@21/10/09, 2.53 @ 27/11/09, 2.3@15/12/09 and 2.13@8/1/10(if it could hold for the moment). Short term, it could bounce up, but longer term it is bearish.



    NB: I could uploades the chart here!
 
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