Hi Monkeywise had a quick look at CDU 13 cents to $10 range over 52 weeks, trading $3.70 with market cap 264 million.
I tend to fundamentally research stocks 'then' apply any technicals to the trade...not the other way around.
I am unashamedly a speccie specialist focused on penny dreadful companys.....4 cents and a market cap of $20 million is more appealing as I see AEX as possibly reaching that sort of market cap in the future...or around 50 cents a share.
Guess CDU is another example of a penny dreadful that made many multiples for its early believers.
I will keep a watch on it.
Thanks
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held