MSB 8.43% $1.35 mesoblast limited

Thanks for the calc. I think its cooling its jets a bit. Its had...

  1. 993 Posts.
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    Thanks for the calc.

    I think its cooling its jets a bit. Its had a hard run but it is well overbought on RSI daily but still looks good on the weekly. Id be happy to see it consolidate for a bit before heading up to $2. Still bullish on it bought my first parcel at 1.53 and bought more at 1.75. Might have a pull back to the 1.80 mark on a bit of profit taking but it will be short lived I think.

    The 1.95 mark is 2 resistance points in October 17 and March 18 where it had intraday high of 2.06 so I think the market is a tad jittery as that psychological level is approaching.

    Just my thoughts. Hoping we can push through on big volume to so that 1.95, $2 mark becomes our base moving forward.
 
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