Bullish Breakout Incoming

The chart looks set for a breakout.

• LVT is above the EMA5, SMA5, EMA10, SMA10, EMA20, SMA20, EMA30, SMA30 and EMA50 and SMA50
• Volume weighted moving average moving higher
• Momentum indicator rising
• MACD Level (12,16) = 0.009 and rising
• The next Fibanacci pivots are 30c and 35c

The historical trading history of LVT suggests that the share price can move extremely fast.

Once the market recognises that LVT is in a position to reach cashflow neutrality by the end of CY2020, I think we will go on a RUN.

Any institutions that want in will have to buy in at market.

We are trading on circa 3.5x ARR, that is very cheap for Australia's fastest-growing tech company...

T.E.P.