@Saragian
Normally I'd agree with you without question, however in this instance I must rebut.
Given the commencement of additional newsflow re: incremental sign off from the 3 participant hospitals & commencement of US trials (2-6wks), I can't see the price heading down to that lower line
IMO there aren't enough trading sessions to get that price action in place & form a bottom, turn & rally with the short timeframe ahead of us.
I'd say it's more likely that a closing break below 45c (close at 44.5c) will prove a false break of that line.
Q4 is going to be jam packed full of action
I guess this is a classic example of FA & TA at complete odds with each other.
Let's see how it pans out!
@Saragian Normally I'd agree with you without question, however...
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #