STTCOMP AXE TA LONG Mkt Cap Approx A$110m SOI 254m
Quantum Computing development and biochips
Long downtrend after hype years ago.
Signs of basing. double bottom, second bottom on spike volume, ichimokou cloud turned green, price over cloud, 50 EMA turned up and price around 200 EMA hat has flattened or a third time in18 months.
MACD and RSI not nearly as overstretched as in the prior two attempts to rise, so further oom for movement here.
Also could be argued there is a rounding base forming here.
Playing in the right sector and the right space with a couple of geniuses running the show and already in collaboration with semiconductor fabs and biochips being made.
Still has plenty of ash after a very large raise some time ago and these guys just beaver away with the science and are making solid progress, most recently, achieving a significant scale down in size of chips.
Might take longer than 8 weeks for a significant move, but good for a tip I think. Hold this long term and am accumulating
