Technical Analysis (TA) Thread: 10c target (c.$85m MC), page-2

I would say that a long term hold is a good bet with this company at these levels.

Rounding to 3c and with T.E.P.'s analysis of a FV between 12c and 18c in the short term that's a 400-600% gain straight there. If you take the assumption that they keep growing at a consistent rate lets say 50%-1% YoY, you will see the share price increase largely over a 3 year period, use bigtincan (BTH) as an example to see the growth of revenues impact on shares, as BTH has grown over the 3 years it has listed, revenue has consistently grown and so has the share price. Original listing was 23c, it is now ~85c.

Revenue growth = share growth as the respective market cap will also increase.

I will be playing the waiting game on this stock, currently holding and at these levels I encourage everyone to grab a piece, even if its only $500, won't be long until profits materialise largely with CXZ.

All in my opinion. Good luck to all. Thank you to @T.E.P. for all the analysis, saved me a heap of time from doing my own!