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$1.15 mesoblast limited

"4.45 - 4.55" @ddwn alright how about that for our daily close...

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Armyne

8,320 Posts.

805

31/07/20

08:25

Post #: 46202685
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Originally posted by Wazza222: ↑

Mesoblast Ltd forms bullish "Double Bottom" chart patternJul 30, 2020Recognia has detected a "Double Bottom" chart pattern formed on Mesoblast Ltd (MSB:ASX). This bullish signal indicates that the stock price may rise from the close of 3.83 to the range of 4.45 - 4.55. The pattern formed over 27 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.Tells Me: The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend. The Double Bottom pattern forms during a downtrend as the price reaches two distinct lows at roughly the same price level. Volume reflects a weakening of the downward pressure, tending to diminish as the pattern forms, with some pickup at each low, less on the second low. Finally the price breaks upward above the highest high to confirm the bullish signal.This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.

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"4.45 - 4.55" @ddwn alright how about that for our daily close guesstimate today?

MSB Price at posting: $3.83 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last $1.15		Change 0.025(2.22%)		Mkt cap ! $1.313B

Open	High	Low	Value	Volume
$1.16	$1.19	$1.13	$8.289M	7.186M

Buyers (Bids)

No.	Vol.	Price($)
1	22569	$1.14

Sellers (Offers)

Price($)	Vol.	No.
$1.15	105374	2

View Market Depth

No.	Vol.	Price($)
1	22569	1.140
5	151415	1.130
3	37393	1.125
5	38061	1.120
3	49839	1.115

Price($)	Vol.	No.
1.150	105374	2
1.155	99033	3
1.160	81201	5
1.165	109079	9
1.170	70000	7

Last trade - 16.10pm 22/05/2024 (20 minute delay)


Last $1.15			Change 0.025 ( 2.46 %)
Open	High		Low	Volume
$1.16	$1.19		$1.13	1229288
Last updated 15.59pm 22/05/2024 ?

MSB (ASX) Chart

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