EXT 5.00% 1.1¢ excite technology services ltd

CVT 2 day chart... [ATTACH] Stock has pretty much been range...

  1. 177 Posts.

    CVT 2 day chart...

    upload_2015-12-23_21-48-46.png

    Stock has pretty much been range bound since Aug-Sept time to date.

    Accumulation usually starts on high volume and you could see volume beginning to show up from mid Aug time where I believe they stepped in and supported price and has been quite carefully managed since then till now.

    If the stock could piece through this upper resistance line within nice volume that would be extremely bullish and one would expect a backtest of this. If backtest is successful and they jump in and support price I recon it's set for the next big run.

    The daily shows an ascending triangle formation playing out aswell...

    Anyway....2016 is shaping up to be a breakthrough year for the company, as most of you have been saying the recent deals and involvement of Fidelity in the placement has been a tremendous catalyst to regain some perspective.

    Looking forward and can't wait for the new year to roll in.....I expect big things from the company and I have a feeling it's gonna bring it home and reward all those who have invested their hard earned quite generously.

    Here's wishing everybody on the CVT thread a wonderful Christmas and fantastic and prosperous new year!...

    Thanks again for the regulars who have taken time to post and shared their insight throughout the year...it's been much appreciated.
 
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Last
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Change
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Mkt cap ! $14.54M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $12.02K 1.162M

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No. Vol. Price($)
2 1014374 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 2169951 8
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Last trade - 14.58pm 03/05/2024 (20 minute delay) ?
Last
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