STTCOMP TKF, TA Long
(ASX: TKF – TIKFORCE LTD)
SP: 5.3c
MC: $11.19Million
Shares:117.77Million
Website: www.tikforce.com
Since listing on the ASX this year, the broader market has been slow to take notice of TKF and from April (ASX debut) to early October, sellers were offloading. However starting October/early Nov it appears to me that Accumulators have been busy.
On the back of a tight register and perhaps newer sticky fingers if buyers keep coming for the stock around current price levels, ie today was a strong day, then a challenge to take out overhead resistance in the mid to late 5'cs is possible
Please DYOR as this is not a buy or sell recommendation
Cheers
GF
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