CompoundingCentral

ASX:PYC - PYC Therapeutics Ltd - a unique opportunity?

Long
ASX:PYC   PYC THERAPEUTICS LIMITED
  • ASX:PYC

    PYC is dedicated to changing the lives of patients with rare genetic diseases – a unique opportunity in drug development

  • Very powerful rounding bottom formation, manage the multiyear high and closed above that.

  • Manage to close above the Jan 2010 high, close to 127 months.

  • Given the massive run close to 3X in last one year.

  • Downside - Volumes are still lower side

  • Previously called Phylogica Limited ( PYC ), 27/11/2019 ( I generally don't like a company that changes name, just difficult to track)

  • Disc: Invested ( Tracking position, Trade @ own RISK. Education purpose only. Risk Management is the key.

  • Check out the investor's presentation for more details
    https://newswire.iguana2.com/af5f4d73c1a54a33/pyc.asx/6A983281/PYC_Investor_Presentation_June_2020
Trade active: ASX closed flat for the week. Stock down 11.5% for the week. Volumes for the week are below average.

My Stop loss still intact. Close below .100 WCB
Comment: Up over 8% today. Let see if stock ready for new journey up.

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