MSB 7.69% $1.19 mesoblast limited

MSB Charts, page-424

  1. 2,232 Posts.
    lightbulb Created with Sketch. 51
    Here's my take:
    Chart 1 - Daily. Has been trading between $3-4.50 since late April (when the trials were announced) - see red line.

    Now expect support to be at $4.50 minimum, and trading between $4.50 to $6.
    https://hotcopper.com.au/data/attachments/2385/2385127-fa1a319546f07e8b10b20480763d6a1e.jpg


    Chart 2 - DOJI candle on Friday. DOJI appeared at ¬4.55, and never touched that level again. Suggests a lot of support again at $4.50. I suspect those that took their 50% profit from a Wednesday/Thursday hold sold in the first few minutes.
    https://hotcopper.com.au/data/attachments/2385/2385132-dced5eaa6e33d8cfa801cd7e3e6e1755.jpg


    Would welcome other views.
 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.