CCA 1.33% 7.4¢ change financial limited

CCA Chart, page-643

  1. 11 Posts.
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    Chart looks like a consolidation towards MA21 and medium-term convergence between 0.13 - 0.14, pretty sure this will be the next block of support. It's still a long way from the June 2020 highs 0.18 and is unlikely to do so without any fundamentals. To that end I'm not getting my hopes up for Q3 and even year end since they have been burning cash in the millions and the integration is still in-play. Would be keen to see if they manage to slow down the burn rate and acquire a few more strategic accounts.
 
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CCA (ASX) Chart
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