I would normally do a - my take on the charts on a weekend but seems I last did one on 23.5 - why not one this morning?
Midnight download done and charts do reflect the several good recent announcements -
DAILY - RSI about 51, MOM in +, OBV also improved with bands tightly squeezed and an upside crossover in place again,
MCD about +.005, CCI about +140 and DMI yellow with ADX fallen to about 82.
WEEKLY - RSI about 50, CCI +125 and DMI green with ADX about 10.
MONTHLY - RSI about 32, MOM coming off -80% (extremely low), MCD in plus finally and DMI is green with ADX about 30.
Opinion - Charts have improved considerably and appear to be coming off a very low base and thanks to announcements of late,
no longer look to be a tax deduction potential.
SPA has great product that could sell well and more so now with Telstra and NDIS endorsement. Wise move by Thorney to
buy in early when they did.
Future plans - hopefully we can eventually do well in the US later this year.
Worth a second look and quarterly early next financial year will hopefully look good. GLTAH including rocket man and
@Bundy_Too who has never lost faith and I guess has more at stake than many of us.
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