MSB 1.40% $1.09 mesoblast limited

MSB Trading - Aug 2020 on, page-8

  1. 2,743 Posts.
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    Morning ddwn!

    More interested in it closing well above $4.18 for the week. The retest of the recent upper channel yesterday was a positive and expect it may be retested again today.

    DJI and NDX both closed positive last night, so its unlikely we will see any material negative sentiment spill-over from the local market unless something geopolitical sparks it. Congress is closer to closing out an additional stimulus PPP, so on plan and unlikely to be the spark for the week close out if it goes belly up - highly improbable as both sides agree in principle on the need, just need to close out the size of the $$.

    The macro and micro indicators have lined up pretty well, so quite positive leading into the 13th.

    Cheers
    Last edited by HCuser3: 07/08/20
 
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$1.09
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