PTX 0.00% 4.2¢ prescient therapeutics limited

Very nice @Shellbell.My reference was your posts in general, the...

  1. 223 Posts.
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    Very nice @Shellbell.

    My reference was your posts in general, the insight you provide is very comprehensive.

    As I said to that Daniel guy yesterday, I'm a massive supporter of PTX long term.

    I've kept a large parcel for over 20 months now and traded in and out on the TA as it ran.

    I still have all my original shares.

    I'm by no means a brilliant chartist, but I'm sure all those more advanced than me would agree that PTX has charted in an almost textbook fashion.

    There is money to be made if you're willing to learn it and not view a stock purely from a 'buy and hold' mentality, regardless of the sentiment.

    My view is a clever investor does both.

    Regarding your TA, the 61.8 Fib level is a key indicator and that has been on 21.5c for a while.

    200 EMA is at 19c, and that hasn't been crossed in the run up for a long time, which is why it's a consistent trading pattern in an upwards trend.

    So the 22c holding is fairly reliable, which is precisely why the little bot keeps picking away at it.

    It's moved into oversold territory, but the volume has not been huge.

    Sentiment should change on more news, should....
 
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