The following is like trying to predict the weather a month in advance, but the math goes like this...
The correction would be of the larger degree whole move equaling a W-1 up move ($1.41-$2.03). That move corrects in a larger degree W-2 down to $1.79 range...Then the good part is an impulse W-3 UP to the $2.80 range...another correction to $2.41 range and if a full 5 waves up in an impulse move...$3.03 is possible by the E-wave MATH.
AEZS is usually sensitive to the broader market but has moved independent in the past...time will tell. Any "Black Swan" event could blow this whole analysis...to the upside OR the downside. Has happened before.
Again, these are just potential markers to watch for activity in the reverse direction...any of the numbers not reached, or overshot will distort the analysis from that point forward, but may still be in e-wave ranges.
Use at your own risk...
gltu
A
Recent AEZS News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/13/2024 01:20:29 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/10/2024 05:31:28 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 06/06/2024 05:46:51 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/05/2024 04:15:07 AM
- Aeterna Zentaris and Ceapro Complete Merger Transaction • GlobeNewswire Inc. • 06/03/2024 01:15:41 PM
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- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 05/31/2024 01:58:07 AM
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- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 05/31/2024 01:56:35 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 05/31/2024 01:55:30 AM
- Form 6-K/A - Report of foreign issuer [Rules 13a-16 and 15d-16]: [Amend] • Edgar (US Regulatory) • 05/30/2024 01:31:16 AM
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