I hope you are well rested and ready for another trading...

I hope you are well rested and ready for another trading week.
Victorians definitely enjoyed the new found Freedom

I believe that there's only two main news that would increase the SP substantially:

• A hint of approval - that's right, just a hint is enough to start this upward surge
• Partnership $$$ - money in the bank will change sentiments substantially

In the meantime, I'll take any other positive catalysts, these should also move the SP, but not SP too much.

Let's call this week - the Reporting Week.

What have we got in the next 4 weeks?

1. Annual report
2. AGM & presentation
3. Quarterly report & 4C
4. Equivalent report for SEC - form 6 K
5. OTAT
6. NEMJ

This week, we should get #1, #2 and #3 from above.
With all these reports, you'd think that Mesoblast will be pushing for some additional updates to keep the SHs happy.

Momentum
If you look at the SP in the last two weeks, we've moved from the low of $1.50.
We've moved past the 20 days moving average and about to tackle the 50 days moving average - you've guessed it $1.71/ $1.72

LOL - I've been intuitively flagging the $1.72 and yet I didn't even know that was the 50 days Moving Average, until I've double checked the charts this morning

Momentum changes don't happen by accident.
The value investors have jumped in and with the upcoming news we have enough momentum this week to pass this $1.72 level and keep moving up.
How important is passing the 50 days MA? Stay tuned - we are about to find out!

So my aim for today is get pass $1.72 first and then we can discuss further

GL MSB'ers and stay strong
Onwards and upwards