Looking at Benitec's chart over the past 10 years, you can see we had a huge move up in 2003.Have a look at the monthly RSI indicator at that time and you'll see that the indicator broke and remained above the 50 line which indicated the stocks move had strength. As you can see we are again approaching the 50 line which we have hit twice since penetrating it in 2003 and then falling back below it in 2004.On this attempt we are starting from a higher base than the 2 previous attempts,lets see what unfolds .Goodluck.
BLT Price at posting:
82.5¢ Sentiment: None Disclosure: Held
