BTA
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0.00% 57.0¢ biota holdings limited

Nice push through the 97 cap today. Those watching would have...

  1. asteroider
    18,908 Posts.
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    14/07/10
    10:45
    Post #: 6900629
    Nice push through the 97 cap today. Those watching would have seen the sell side bot panic as caps were reduced and moved to a higher level.

    A day or two before we see the aggr shorts data, but I suspect the initial high volume 4 days back was a short covering rally judging by the high number of downramping posts on HC just prior.

    I suspect this is mostly new buying, but we will know when the delayed reports come though.

    Needs to build a base above 100, preferably 102.
    BTA Price at posting: 99.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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