CLVLY closingprice yesterday, at the end of the trading day,is much too high! Not in line with CUV. CLVLY should have closed at her day low, $6,30!
CUV closingprice today AUS $8,30 = US $6,2987 on High volume!! That's CLVLY Low, yesterday!
Technical spoken, Clinuvel is absolute in a (shortterm) downtrend.
For me a clear sign that the Market doesn't expect more valuable news from Clinuvel for the rest of the year anymore. PW disappointed as usual, all he was telling us, we already knew. The news is already calculated in the SP before the AGM started! So for the Market that's a clear sign that there is no reason anymore to give the SP a further boost to the upside.
It feels as if on both side of the Ocean they work together, very close together as if they are family, walking hand in hand downhill.
Personal I believe this stock and CUV are gonna test the "Floor", for CLVLY the resistance level, close to the $5,00. Hopefully this will hold. If it's crunched, the $4,00 comes insight, the next resistance level. Hopefully our PW is convinced of himself this time, that this is not the way you treath your Loyal shareholders. PW it's time you start to learn talking in "an open way" with you shareholders. Again your "talks" raises more questions then answers during the AGM.
I personal think you're going to surprise us for the end of the year.
Otherwise.....!
Correction. Closingprice CUV today AUS $8,05 = US $6,10!
