MSB 3.21% $1.13 mesoblast limited

[ATTACH] TA 101.....identifying REPEATING price patterns/trend...

  1. 4,839 Posts.
    lightbulb Created with Sketch. 6229
    msb_ax09dec04_to_15may12.png

    TA 101.....identifying REPEATING price patterns/trend channels.

    The MSB LINEAR REGRESSION chart from the sp low 32c. on 11/05/2005 to the $9.42c. sp high on 24/10/2011, generated an UPPER channel range of $5.22c......and a LOWER channel range of $2.08c.

    From 24/10/2011, key HORIZONTAL support/resistance levels are EXTRAPOLATED......and, depending on +/- news flow, will be multiples of those ranges......both to the up side and down side.......including rmp's.

    The next (interim) TP?........82c. (IMO)

    Cheers.


    msb_ax26oct07_to_24jan27.png




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