Looking at the weekly chart & considering volume downtrends, MACD, RSI & Stochastic, I would not be surprised if we see XPE touch 2.5c prior to the AGM.
Lots of dilution with the recent fund raising and little recent positive 'results' as opposed to 'updates' to get excited about.
I still don't doubt the tech, nor its relevance in the global future of IoT.
I am certain the board of XPE feel the same, hence the original resolutions to attain more shares in XPE.
I still think Martin Despain has an inside run on Intel...understands the capability of Xped and ADRC and also knows exactly capitalize on the opportunity.
Look at that last announcement:
Chris Woods attending the OCF.....deeper understanding and more potential connections.
Chinese languages
Bluetooth integration
Automatic Manufacturer product registration cloud
(I think this last one is important as it gives the manufacturer a lot more information about how the consumer is using their product including performance and faults. This should surely enhance a manufacturers ability to provide a much better after sales service too as well as assist with future Product R and D).
Yep, shitty TA and SP levels presently with possibly more pain yet to come in the short to medium term.
However FA is still strong IMO.
The night is darkest before the dawn.
GLTAH
XPE Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
