Short Term Trading Week Starting: 11th July, page-477

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    STTCOMP XTE, TA Long

    Shares: 25m
    MCap: $9.2m
    SP: $0.38
    Cash: $600k

    Technology - Military & Defence & Aerospace

    Few things on the Chart.

    Possible Flag formation, but more so a breakout from the recent downtrend and the breakout has been confirmed with those two green candles last two trading days with increased volume on the last trading day.

    Volume increasing as trend has been reversing.

    MACD crossing upwards and EMA and MA lines turning up but yet to cross, once crosses should breakout further.

    52 week high of $0.60 which is certainly on the cards with this reversal in trend, plus with the FA side of things helping out.

    XTE Chart.JPG
 
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