short term trading week starting - 28th apr, page-38

Entry for STT Comp - LBT (LBT Innovations Limited)
TA

Business - Bringing Pathology Labs into the present from the 1900's ---------- AUTOMATION finally.

Product and income already in market. A new project JV with a big brother (European) completion this year and will be in market. Business is global.

Unblemished history of no Cash Raising (now, that's new).

MC < $10 mil -------------- yep, you read it right.
Issue < 100 mil ------------ yep, you got that too.

This week I will just go with TA as although the FA story is wonderful - I think the funnymentals need another quarter to
drive this. Unless of course someone wakes up :)

Good luck with it. Pinto
LBT

Short Term TA

1. Trendline with 3 touches about to provide support (or not)
2. Andrews pitchfork looking like it fits the bill.
3. Spot on a fib 61.8% retrace
4. Support from a couple of earlier highs at 10
5. Dropping volume on a dropping price and rising volume on a rising price – suggesting an uptrend.
6. Vol just creeping up – so I suspect a turn (wouldn’t put the house on it – but, boy what a stock if you got stuck anyway) – I spoke to the CEO yesterday – ok for cash this quarter and an unblemished history of not tapping the market for money – all good.

Yep a TA turn baby turn going on here (perhaps :) )