BIT 2.22% 4.6¢ biotron limited

todays chart, page-6

  1. 473 Posts.
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    TA - do we have a potential cup and handle forming on the daily chart ( still early days, currently forming bottom of cup)?

    Need a flattish / rounded bottom with low volumes which seems to be the case atm - still forming but possibly a bottom of 11c with a top of 23c.

    Breakout around 12c (distance between top and bottom of cup).

    Possible target around the 35c mark which is also around the 23.6% Fib Retracement line.


    Cheers
 
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