CXZ 0.00% 2.8¢ connexion mobility ltd

Technical Analysis (TA) Thread: 10c target (c.$85m MC), page-21

  1. 2,491 Posts.
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    TA can sometimes be a tricky tool to use during a re-rate when the fundamentals of a company dictate a much higher price.

    One could argue one third of the company changing hands in one day is over bought. But I however feel this is the beginning of a genuine re-rate based on the material news delivered on Friday.

    Expect big volume tomorrow.


    Last edited by Simo95: 23/08/20
 
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