TD1 Charting Analysis...

Hi TD1 holders and onlookers...

Came across this last week, started doing some FA and TA on TD1 and couldn't help myself, took a nice holding last week...

I am a big fan of FA and TA, if they line up together than Happy Days... I have been watching the trading here of late, seems some strong accumulation is in play with decent individual buyers taking the odd million shares here and there... currently TD1 is showing bullish momentum...

here is a chart for those interested... both daily charts for the year and the month...



Consolidation Within Bearish Trend
TD1 appears to be consolidating within a longer-term downtrend. The Average Directional Index, or ADX, is below 20, indicating that shares have traded sideways recently. However, the 200-day is still sloping bearishly lower.

Strong Bullish Momentum
Momentum for TD1 is strongly bullish. The 14-period Slow Stochastic oscillator is above 80, the level which many analysts call overbought. This means that investors have been actively purchasing shares and driving the price higher.

The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.

Bollinger Bands Signal Volatility Squeeze
Volatility, measured using the width of the Bollinger Bands , is extremely low, resulting in a condition called the Bollinger Band Squeeze. Bollinger Band Squeezes tend to precede major price breakouts, although they do not predict which direction the new trend will take. Trend and momentum indicators can be useful during Squeeze conditions to help discern the direction of future trends.

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TALI Digital Limited (TD1, formerly Novita Healthcare Limited) is a tech company focuses on development of software solutions to address neurological conditions in early childhood through its TALi platform. TALi platform is a scientific and clinically validated program that addresses the early childhood issue-inattention, a key feature in conditions including ADHD..

IMO TD1 is gaining interest...

IF you like my type of charting and analysis please feel free to hover over my avatar and click "follow", happy to be tagged in other stock threads and if I have time I will offer input...

Best wishes to holders... IMO we could be in for a nice ride very soon