PTX 7.14% 3.9¢ prescient therapeutics limited

What do you think of this one @slick? PTX has been on a slide...

  1. 981 Posts.
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    What do you think of this one @slick? PTX has been on a slide since Sep '22, but now I'm seeing on the weekly a cross over the median on decent volume, now closing above the SMA 9. MACD positive.
    https://hotcopper.com.au/data/attachments/5765/5765815-ebed2a13a74abd2d790251f187ff3378.jpg

    On the daily the volume on the cross of the median looks great, and the median has been respected on a little retrace (apologies if my terminology is out of whack). Also now closing above median and SMA 9. However I seen this has happened twice recently, albiet on less volume (yellow circles). MACD also looking good, above the centreline now.
    https://hotcopper.com.au/data/attachments/5765/5765829-5de6b7058f23a91bb71d6741558041b0.jpg
    https://hotcopper.com.au/data/attachments/5765/5765832-740e72cdd895808e41321023105734e3.jpg
    This company isn't a million miles in terms of difference from IMU re bioteck targeting cancer (I know many holders here will hate the comparison- sorry!), and I know you spend a bit of time looking at that chart. Thoughts here? As always, only if you get the time and inclination..

    Cheers mate

    Last edited by Edmorgrimm: 26/11/23
 
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