Short Term Trading - Week starting: 19 Jun, page-54

CDA looks good for a short term hold. See support at $2.25 which is lower than the price it was trading at prior to the market update which indicated a 40m NPAT, a 100% increase on the prior year. PE less than 20 and they have a 50% NPAT dividend payout which leads to a 5% dividend if I did my math correctly.

Will be looking to see how 2.25 holds before buying, but the chart looks great and I can easily see $2.50+ in the coming days/weeks.