HYD 0.00% 1.4¢ hydrix limited

invensense: mems sensors have evolved, page-3

  1. 1,744 Posts.
    Welcome glyco and cheers for the mention.
    PSY potential is huge and it's not something that can be understood - or commercialised - overnight, but if one does plenty of research and dd to understand this stock, the patented technology, their collaboration with UWA, their links with cisco, one of the big names in the networking space and their confidence to reject a (possibly) lowball offer from a US fund manager, then it seems like the right place at the right time.

    All the best for holders!
    I imagine the next piece of news might be another potential offer, meanwhile looks like the chart is showing early signs of a trend reversal .. up! Wed's close was on the EMA20 line, last time we dipped was the no-deal announcement then a jump, before that was 6 December followed by a 2c jump, if there's one trend with PSY, it's that it likes to stay above the EMA lines.

    Last time RSI was at this level was 25 November .. then the SP went from 2.1c to a high of 5.8c within 2 days :)

    Highly speculative but as someone here once said:
    Crazy to be a holder, even crazier not to hold PSY.
 
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