MSB 8.43% $1.35 mesoblast limited

Target price by the end of September is $1.68 which coincides...

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    Target price by the end of September is $1.68 which coincides with MSB long term down trend. Price target will be achieved if MSB closes around $1.50 any day this week, ideally a couple of closes above. A $1.50 close breaks the short term down trend that started April 2019 when MSB traded at $1.65.

    If MSB's long term down trend is broken, the share price will continue to increase. $2+ in 2020.

    Worse case, the down trend is not tested until December 2019. This implies a target of $1.55.

    DYOR

    https://hotcopper.com.au/data/attachments/1703/1703423-f11ed3e1974e3f4f3760c0ec22da00b5.jpg
 
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