Wednesday, 18 April 2012

Provexis - Breakout! (PXS): 2.3p

Provexis has broken through a strong downtrend line that has been in place since December 2010 - see Sharescope graph (below)...


With the price closing at 2.3p (17th April 2012), a clear breakout is evident!

Looking into this, it seems as though this Company is really staring to get its act together, as witnessed by the recent newsflow:

See also the "Product News" on the Provexis - Company Website

Looking at the newsflow, the interest in cycling in this (Olympic) year, the TA (rising OBV, RSI etc) - I can't help wondering if PXS is starting a recovery in the share price could bring rewards for us DIY-Investors?

Usual caveats about DYOR etc...

3 comments:

  1. This is a complete act of faith - I've been undone before by blue sky concepts for bio/health.

    What experience and commercial success have the management had previously? The CE's name doesn't inspire much confidence!

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  2. You must be kidding, this is a fantastic company and plum to buy with fruitflow & Science in Spirt they can't go wrong . Great entry opportunity before significant European dietary player announced taking fruitflow . Strong Buy

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  3. One of the aspects that many people with heart related problems will have, particularly if they have had a stent fitted, is that they will have been prescribed drugs like Clopidogrel - which they normally come off after 1 year. They will also probably be taking aspirin, which can have (for some) some side effects. The posibility of fruitflow additive as an 'insurance' for these people shouldn't (IMO) be ignored.

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