Looks to be breaking down, page-17

Think it will be a push to 50c, then a pullback to 46-47c.

If it is sitting there and we get some good news of almost any kind, then we could finally push through the 50c barrier.

Having said that you must remember that the stock sat at 46-47c for 3-4 months late last year before the selling came and drove it down below 40c.

So, I assume that the re may be some holders that have been underwater for a period and who may want to offload.

The result being that these stale bulls or impatient holders may reduce exposure in the 46-50c zone.

So, I think that the 50c cap will keep a lid on it for a few weeks in the absence of something material being announced.

About the only news I can imagine is an announcement that the recruitment fro the PTSD trial has been completed.

That should indicate to the market that the readout is getting pretty close as the dosing and recording of patient responses only lasts three months - then its get the data together time and then see what it says!

Selling does seem to have dried up - which is great news.

More upside but it may need to do some work at these levels............