Short Term Trading Week Starting: 10 July, page-42

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    STTCOMP 4DS TA LONG

    4DS - 4DS Memory Ltd
    Technology: Semiconductor development
    Market Cap: $47.3M
    Last price: 2.9c

    Having another go at tipping 4DS. Tipped this too early before, but there might be some action over the next few weeks.

    4DS has created a wave 1 and 2 pattern. It looks like it has started on wave 3 but not certain until the share price breaks 3.3 . I thought that the recent upward movement was just another phase of the downtrend. However the recent high matches a high of the downtrend, so it indicates that the share price has completed the downtrend and possibly finally moving upwards. Been watching the buy\sell depth and trades, it looks like there is strong resistance to move further down.

    https://hotcopper.com.au/data/attachments/5424/5424021-33ba99873f0e14859adc5517eb5965c6.jpg
 
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