BOT 2.86% 34.0¢ botanix pharmaceuticals ltd

Bot Chart, page-147

  1. 4,152 Posts.
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    12c, maybe? The gap shows support and resistance around 10-14.5c. If it follows its last trend high cycle than it will float around this figure till the 7th March. Anything could happen though, could be an annoucement which should be happening soon or just a bit of pressure from the buy side pushing it up.
    The volume is pretty low which indicates that the recent rise is pressure from the buy side, which is good news as the sellers are hanging on for higher gains. It makes me wonder if the buy side started to accumulate to 30-50 mill plus volume what would happen. Would there be more sellers unloading or would the stock sky rocket in a day/week. Experience tells me that the stock would be kept down by the sellers but I've never purchased a stock quite like this before, with all of its future potential.
    Charting time line shows that no matter what, 7th March as at today, is the next rally for higher highs. See what happens, my personal opinion it will rally sooner but you never know?

 
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Last
34.0¢
Change
-0.010(2.86%)
Mkt cap ! $707.4M
Open High Low Value Volume
34.0¢ 34.5¢ 33.5¢ $588.0K 1.730M

Buyers (Bids)

No. Vol. Price($)
1 2571 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 138117 5
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Last trade - 16.10pm 03/12/2024 (20 minute delay) ?
BOT (ASX) Chart
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