that capitulation dump to 8.1c below the trendline was typical...

that capitulation dump to 8.1c below the trendline was typical of a bottom forming

but in this market i think all tech stock charts are suspect until business earnigns are strong enough to drive a stock specific valuation driven run. momentum is very low to negative depending on which tech sub sector you are in - and the US equity market looks incredibly fatigued

bud is cheapish for its excellent growth rate and prospects - but its earnigns dont yet give you a pe valuation or even a ev/ebitda valuation that would drive bottom up buying.

BUT rate of growth in sales pipeline could change that - if it bounced to say a 10 sales/ev ratio or lower
then i think its off to the races.

because outside ACX, EDE and one or two others - there really arent many exciting growth stories on small cap asx that are at a truly viable enterprise level - ex resources