Hi all, I have just finished accumulating a position lately & glad to join u all. The recent volume has triggered my chart alert & further research on this one reveals very good fundamentals, ie, solid mgmt, EBITDA turned positive, some big hitters backing it, FCP's reputation & of course the company-making acquisitions to come.
Just roughly did both ST & LT charts for those interested with potential price targets identified.
ST charts - potential target 7.5c
LT charts - resistance at 8,10,12c (achievable on the back of expected acquisition news IMHO)
Appreciate any comments GL all JL
CXN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
