STTCOMP SES TA LONG
Secos Group Ltd
Chemicals Sector. Plastics/Bioplastics Sustainable packaging
MCap - $24.4M
Current Share price $0.12
Shares On Issue - 211.9M approx
I could also probably tip this as a FA but I like graphs. Also this is outside of my usual suspects for trades but who doesn't like a diversified portfolio. After a CR the price has bounced off it and the 200EMA. The trend has just started to move out of the oversold regions. OBV has slowly been increasing since December 2017 and the MACD should crossover soon. First target is $0.15.
Additionally the company is using the CR funds to help with their product output and should see an increase in profit in the first half of 2018.
This is not a buy or sell recommendation. Please DYOR.
STTCOMP SES TA LONG Secos Group Ltd Chemicals Sector....
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