Yep, have to agree that that was a good week and the 20K buy on close seems like genuine interest.
- Best weekly volume in 12 months - Weekly close above the Bollinger bands and also above the 10 week and 30 week moving averages. - RSI still only mid range so there's still room to run. - Slow stochastic is a bit hot so it may flatline for a couple of days early next week - MACD, TRIX weekly showing golden cross
All in all the best week in ages for this biospec.
But the share price and mkt cap of EMS are still ridiculous given that they are in final stages of Phase III trials - and there is really no question about the efficasy of the sublingual technology.
I'm still not sure that the Berlin Pharma manufacturing agreement is a major issue given that they physically produce the product anyway and surely that has to void the manufacturing agreement.
Anyway it certainly nice to have some positive movement here
bluebush
EMS Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held