Chart Stuff

General chart stuff.

As said before looking at 1 year lineal chart looking for direction and after rapid rise to 43 with intervention of P&D we ended up closing for the day at 27c. Indicated it was going to be like turning a ship around to get a turnaround again. We had no ledges on left side of b/out so the gradual turnaround had to start from a revaluation point where it recently has started with a mid point basing move sideways with a core price 12-15c, give or take a bit.

Now if this company is the real deal, the moves upwards past this point will activate on newsworthy activation movers on SmartFunding BNPL and Fatberry e-commerce insurance continued growth process and company build plans anything else we here is a bonus,. Now the previous close peak close of 27c is a memory pre-curser for a double top with again another 27c top close where we would have two equal high points. This would possibly occur with quality business development information and plans. Of course any moves past this point would be up to Mr Market and off our hands and will depend on another revaluation to arrive then.

Of course it is not a good day on the ASX today but that is really when news worthy tech type shares have an interest shown in themt shown in them by big boys after any shorting. moves on big shares or what ever.
we seem to be going in a parrallel with ICI at present they too have a focus on them today and have some movers coming up in the games department with some stand alone works coming newsworthy to soon. Any SP uptrendwith iCandy is good for us too with our large holding with them worth multi millions, so we wish them all the best as well with their progress.

Briefly our 1 year basic chart has 50 DMA & 100 DMA. still in uptrend and momentum in pause and 14 WMA waiting to let us know of next movement on news which could in the positive realm which man of us would think.
Just an opinion of what can possibly often happen in these setups.

Good luck to all and Dyor.