STTCOMP PSQ (Pacific Smiles) TA LONG SOI 159.58m Mkt cap $227m last traded $1.42
PSQ has been in a long/medium term downtrend, with classic basing/consolidation pattern formed. Downtrend broken and has crossed above 200 daily SMA.
FA is also aligning with improved earnings guidance just released. Big reason for share price slide was attempted spill of the Board by the largest shareholder who was also previously head of the company. He has largely been dealt with and SP is poised to recover.
Speculation is that company is ripe for takeover/buyout.
