UBI - Universal Biosensors

[frugal.rock]

Looking like the roller coaster has hit near the bottom Mr @Garpal Gumnut , where to now?

 

[finicky]

UBI @ 0.265
I have no current interest in buying but monthly chart strikes me as having possibilties. At least it can be said that there has seemed to be no interest for more than a year in pushing it below 20c, while feelers have been sent up above 30c. Selling pressure has entirely abated, going by the volume. The momentum indicators are warmish.
Might be worth a read up.

Not Held

Decade MONTHLY

 

[finicky]

Yes well it actually did break below 20c support as volume cranked up a little. Live and learn (I hope). Today's gain on negligible volume not showing on this chart.

Not Held

WEEKLY

 

[finicky]

Spring? Can you call it that on 360,000 volume, even when up 26% on the day?
Springs are supposed to be bullish when they break the horizontal support of a sideways pattern then rapidly recover above that support.
I looked again at the historical revenue and earnings metrics of UBI and have gone off it. It's gone nowhere on brute numbers.

Not Held

DAILY

 

[finicky]

UBI up 53% on daily volume that is 2.5 x the previous highest volume over a whole decade. FDA approval of a blood coagulation rapid monitoring device that uses test strips - of importance for Warfarin users.
Not Held

 

[Dona Ferentes]

UBI up 53% on daily volume that is 2.5 x the previous highest volume over a whole decade. FDA approval ...

was 15-16c prior and coming out of TH, it seems to have settled after the initial flurry.

NH