Short Term Trading Weekend Lounge: 9 -11 June, page-148

STTCOMP KYK, TA Long

*** Blockchain Exposure*** - could see increased interest as a result of Crypto Currency interest and recent moves in DCC share price.

Kyckr Limited (KYK) – Business authentication, data management and remediation co based in Sydney
Last Price $0.19
Market Cap $7.7m
Cash $2.9m as at 31/3/17
SOI 40.7M

The chart shows that the stock has been basing for the last 3 months with range of between 16-19c
On June 5^th the stock experienced a price and volume spike with the stock hitting a high of 21c before pulling back to 19c
It is interesting to note that within the past week the volumes have been consistently higher however the last three sessions have shown a tight spread of 18.5 – 19 suggesting there is a buyer present in the market that is content in absorbing supply at 18.5 which is putting a floor in the share price.