Ann: Cettire Upgrades FY21 Prospectus forecasts, page-357

Alex ..I note today and last few days that the long term holders have been adding to their position...according to The Guppy multiple moving average the short term sellers are almost gone..and long term holders have been increasing their position...It appears that the correction may be complete and the fear of missing out is starting to drive fear into greed.
On this move we have retraced 32% from the high of $2.94..the normal full retracement is 38.2% .ie to $1.82..... however in the fist phase of this adjusting technical formation we did get down to the $1.80 level.. and have now formed a higher bottom...( which is good) this technical structure came from a double top both tops peaking at almost $2.94 a great deal of damage has been done which we are now recovering from..
We have bounced of the original trend line formed in the first three months which was closer to 30 degrees and in this move to this 30;degree level we have shaken loose most of the short term holders.. .this suggests that in due course we will move back to at least a 45 degrees trend line ie moving towards the $2,80 level and beyond in an upward staggered move.
However "one swallow does not a summer make"....and as we both know wisdom is not like a flower to pluck ..but is like a great mountain and very hard to climb....let us hope that we are forming a new positive trend....but as yet in knowledge and technicals we can but say we are but a few steps up the mountain....on what we see as a good start to a recovery phase.
All external indications of growth in the sales in luxury goods and CTT's quality of service are very high and other fundamentals spelled out from the ASX reply ....rebuking the AFI article ....we're excellent ..and the move into Children luxury clothing spells out further areas of strong revenue growth ...Fundamentals spell a solid road ahead.