positive results from phase 1b study, page-11

I should qualify an earlier statement...

Whilst the daily chart "looks a shocker"...the weekly is actually somewhat bullish.

A rather large double bottom appears to have formed...and todays sell-off, after touching the top band of the weekly bollinger, is a classic run and re-load signal.

I would expect trading over the next week to take place in the range of today's upper shaddow...which, by the time the stock tracks back to the top, should have turned upo to 12c or so.

This stock...and this play...is being set-up for more than a daily special in my mind...we need to think weekly not daily.

For many, espcially given the many one-day trading specials going off lately, this will be far too long to wait...lol...but for a larger exposure with less volatility, the reaction on the charts look somewhat attractive.

Good luck all...lets were where this is at the end of the month.

Cheers!