Short Term Trading Week Starting: 13 Jan 2025, page-13

  1. 6,562 Posts.
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    STTCOMP CC5 TA LONG

    Mkt Cap $32m
    SOI 1.8 Billion (ouch!)

    Diagnostic and medical tech. Branched into Pharma plate culture for detection of bcteria in clean rooms used by pharma for drug production. Astra have bought machines and a second big pharma looks to be on the cards in 2025.

    Chart shows an SP that has based and tried to spike. EMA's are flat and tightly bunched, suggesting to me, an upward move is due shortly. Price is either at or above all MA's up to the 200

    LT down trend line from around 10c appears to have been breached on 4th attempt, and price now consolidating around the breakout.

    3.8 ST target, so double from here.

    https://hotcopper.com.au/data/attachments/6734/6734886-64714a57938adf5d88f96213970b860b.jpg







 
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