KZA 1.49% $1.32 kazia therapeutics limited

ta please, page-3

  1. 1,288 Posts.
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    A recently failed rally confirms its downtrend. Its now breaking down through moving average and should trade much lower. The low 4 dollar area will trade if one is patient.

    Of course, re asses this position if a good surprise announcement comes out, (more than a reasonable chance of this, i.e NVO7a) however, the market is fully informed of the company's position and the recent share price move up to the high 5 dollar area reflected this 'new' novogen story.

    Certainly a volatile stock and buying as close to 4 dollars as possible will be excellent buying IMO.

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