SPL 7.14% 10.5¢ starpharma holdings limited

SPL chart, page-420

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    https://hotcopper.com.au/data/attachments/4505/4505272-de51401e189ed375df86dbe14f46f8e8.jpg
    18 Month SPL Chart

    Analysis:
    Breakout imminent.

    Interpretation:
    Apart from illustrating SPL's slow descent, and possibly providing a risky guide for swing traders, the pennant is meaningless. Technical analysis cannot predict the timing of announcements that might influence the SP. Although today is a Thursday, so fingers crossed.

 
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