Mesoblast Limited (MESO) “On a long-term technical basis, the stock (MESO) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 14.49 and 12.96. If the stock breaks down through support at 14.49 then it will probably continue lower to 12.96. The stock has resistance at 20.57. The 200-day moving average is at 9.20. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 14.49 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (60.10).”