Sorry to the guys who took a hit today. The lesson, imo, is to trade biotechs using TA only.
Whilst price, time and volume can become extended into overbought and overdsold, the chart itself doesn't lie. It tells you exactly the commitment of all market participants.
On the other hand, FA can be massaged into beautiful and lenghty stories.
My TA says it should be good buying around $3, but that's me. What does your analysis say?
MSB Trading - Aug 2020 on, page-967
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Last
$1.78 |
Change
0.255(16.7%) |
Mkt cap ! $2.032B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.83 | $1.71 | $27.76M | 15.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 48074 | 4 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |