Short Term Trading Week Starting: 14 Aug, page-171

Updater (UPD)


Has been given a lot of attention by the media as of late after surpassing 15% of the moving house market in the US... 5 months earlier than expected! Moelis Brokers recently put a PT of $1.73 on UPD with a Buy rating.

https://www.moneymorning.com.au/201...rice-company-achieves-new-milestone-asxu.html

http://www.copyright link/technolog...hottest-tech-stock-on-the-asx-20170815-gxwn51

https://www.livewiremarkets.com/wires/36467?utm_source=Trending on Livewire "The+Morning+Wire"&utm_campaign=c8e961f206-EMAIL_CAMPAIGN_2017_08_11&utm_medium=email&utm_term=0_1911ffeed5-c8e961f206-82569793
- Paragon investments believe the stock could be worth $4 in coming years with continued ticking of boxes.


Breaking through to new highs with great volume over the past week has helped the stock gain attention on many radars. Having a look at the chart, the MACD for UPD currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 30-day moving average. Second, the MACD is above 0 and climbing which implies that the underlying moving averages are trending higher.


I need a double shot latte to get me through today. Another day in paradise with Melbourne's weather...