PTX 2.56% 3.8¢ prescient therapeutics limited

I have to admit.Any of us that have first bought in the 16-19c...

  1. 2,069 Posts.
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    I have to admit.
    Any of us that have first bought in the 16-19c range, like me.
    Have this dream where you could sell at 23c, it fall back to former support levels at 14c.
    Buy back.

    And sally forth from there.

    But its sooo fraught with danger, I dont even know how to intrepret this chart.
    https://hotcopper.com.au/data/attachments/3302/3302382-d30014b90e587e20e60918c405f58dca.jpg
    Other than to say its been so quick from 10c.......that one decision, and a sharp rise or fall could spell disaster.
    As we can see the yellow 7 x day MA still way above the 50, and 200 down in Red...

    Can a triangle of sorts be formed here, not enoough touch points?

    Anyone with experience want to give it a crack Dreaming for a 14c buy!
    Last edited by jip123: 26/06/21
 
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