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I noticed that ascending triangle today as well Helsyd, Chances...

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Kangagirl

1,756 Posts.

131

06/03/24

17:34

Post #: 72778353
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Originally posted by Helsyd: ↑

STTCOMP MSB TA LONG

the rollercoaster that is MSB
(biotech)

MC 314m
SOI 1.015m
CIH 77m

my first entry - probably be my last! doubt it will meet the 20% threshold but I noticed and bought today, so thought I would highlight the chart

I see now it's a bit hard to read - but imo MSB is trading in an ascending triangle formation I entered at today's vWAP 30.5 with a short term weekly target of 33.5 but have revised that upwards if the triangle plays out to 35, and a stop loss at 29.5. OBV appears to support ascending triangle ¯\_(ツ)_/¯ overhead gap may also beckon (38.5) if trading gains momentum.

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I noticed that ascending triangle today as well Helsyd, Chances are one of us is correct..
Good luck and welcome to the tipping club.

Last edited by Kangagirl: 06/03/24
6 Upvote

0 Great analysis

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