PTX 4.17% 4.6¢ prescient therapeutics limited

Morning guysJumped back on the PTX train yesterday morning,...

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    Morning guys

    Jumped back on the PTX train yesterday morning, weekly chart is looking primed for a big breakout here, this ascendig triangle has been consolidating up into the 200 week EMA, could be poised for a big move over the next 12 months. first target is to get through 30.5 cents.

    https://hotcopper.com.au/data/attachments/3724/3724991-29d51a2e34c05da6a32825453e6bde2a.jpg

    Seem to remember a few people tallking about a 44 cents being a target last time I was here, this channel were in would have us there in the next couple of months, although in this market it could be quicker
    https://hotcopper.com.au/data/attachments/3725/3725002-0ba814fa01e4cc7b6930381d7f05ebf5.jpg

    IMU weekly chart last year....made a very similar ascending triangle at its weekly 200 EMA before the move from 6 cents to 14 and eventually 50 can PTX do the same?? theres alot of noise about Omnicar so I don't see why not assuming Omnicar does what it says on the tin, a similar move would close that Gap from 2012 at $1.53.

    https://hotcopper.com.au/data/attachments/3725/3725027-7329ed8303fce50245d191fe8c4ab45a.jpg
 
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