XAO 0.33% 8,263.6 all ordinaries

Short Term Trading Week Starting: 4 Jun, page-144

  1. 13,316 Posts.
    lightbulb Created with Sketch. 168
    STTCOMP FGO, TA LONG​

    Technology​

    Mktcap-58.4mill​

    S/P-4.5c​

    cash-15mill+​

    Disclosure: Bought some yesterday at 4.5 cents
    In nice wedge in weekly which bounced off support of bottom trend line at 4.4 cents with breakout due in a week or so. Given got increasing pre-sales pipeline month to month (now 45 cf 33 previous quarter) and 13 current customers with 3 proposals for revenue contracts being negotiated means chance of a deal falling soon reasonably high to support chart breakout to upside.​

    Chart link below
    https://invst.ly/7nhl-
    Last edited by elit: 06/06/18
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.