STTCOMP SCU TA Long
Market Cap: $14.6 mil
Cash On Hand: $5 mil
SOI: 1.04bil
SP: 1.4c ($3.8mil CR in late Apr at 1.9c)
My previous TA tip here 54416618 tried breaking out in late Jun, but got smashed down because quarterly missed expectations by a mile.
Been basing at 1.4c recently, which is acting as a decent support. Unless something terrible happens I don't see this dropping to the next support at 1.2c, considering cash in hand and revenue increase since this co. was at 1.2c last time.
As per my trend lines, I expect an attempt to break on daily and weekly soon. Even further side ways action is good in my view. MACD and RSI picking up agains slowly....mind you my TA is terrible
