Short Term Trading Week Starting: 30 Dec 2024, page-24

  1. 6,566 Posts.
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    STTCOMP AXE TA LONG

    Mkt Cap at 55c $140m SOI around 260m

    Biochips and Quantum computing space. Focus on commercialization taking precedence. Some interesting working relationships (IBM).

    Argument could be made that it has based, though it still looks like a downtrend. Breach of 60c key, then we start the march to $1.00. There is also a valid argument that there is a longer base from from 17c low to $1.00.

    OBV rising and 200 EMA now flat after three spikes through it as it continued to descend in recent time. This spike, its now flat and all shorter EMA's have broke sharply through it. Positive sentiment returning.

    https://hotcopper.com.au/data/attachments/6708/6708420-86a5adfeef640547aa015656e033c1d6.jpg





 
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