Entry for STT competition (TA, long)
AJX (Alexium)
Company with military and civil testing and contacts re. non halogen flame retardant chemical products for fabrics. Multiple tests out with clients in a whole variety of industry. Non halogen should be a big big thing in the near green future. The company has many patents. The fabrics market is huge. eg. Look what you are sitting on and what you are wearing, also, look at your curtains and furniture ----------- that's fabric, and, there are laws about fabrics being flame retardant.
Cash seems ok and sales began with what should be volume building. This company is WA based but works out of the USA.
Technical entry only at this point.
Solid trendline breakout with volume. - weekly and daily look good.
There is fundamental change to back it - but I will only go on technical at present.
Here is company brief
http://alexiuminternational.com/company/
good luck with it
Pinto
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- STT Week Starting: 18 Aug
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