Buyers are holding highs in a show of strength as they build for a move up

Potential Buy Entry Alert MSB

 

Time Frame : Daily/Weekly

Sector : Pharmaceuticals/Healthcare

Key Stats : $1.04 Billion Market Cap, VWAP 2.057, ASX Ranking 240, 4 Week Av Turnover $3,723,524, Current Turnover (Intraday as at time of alert) $368,908.

Company Overview : Mesoblast Limited (MSB) is an Australian company engaging in the development of biologic products for regenerative medicine. The key focus is on research and development of adult Mesenchymal Precursor Cells (MPCs), Mesenchymal Stem Cells (MSCs), Dental Pulp cells and Adipose cells. Its intellectual property covers applications in key markets including the United States, Europe, Japan and China.

Broker Consensus : BUY

 

MSB – Mesoblast Limited

MSB is showing some great signs of holding support for another strong move higher. We previously had this as an alert and it did well so we are now watching for another go if price can hold highs above 2.00 in a show of strength.

 

Stock Code : MSB – Mesoblast Limited

Company Website : www.mesoblast.com

Current Price : 2.07

Status : On watch for buy entry setup