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Anton Chigurh

13,066 Posts.

225

15/01/19

14:16

Post #: 37120167
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Originally posted by Sector ↑

Originally posted by Michaeljob
4DS is at crunch point technically. Volume has dried up so a break should be near (direction unknown).

They 'meet the maker' on the 18th apparently so should get an update on the progress of their ReRam memory tech and their progress with scaling the manufacture process. The tech itself already proven so the manufacture process is the main hurdle to overcome. If overcome then they have a product for sale in a sector that generally deals in the billions. The attached research note gives a reasonable overview of where they currently sit.

TA wise support sits around 5.7c, 0.7c below the current SP. Resistance sits around 8.7c

Worth a read up I believe but won't suit all risk appetites
View attachment 1415783
Timely reminder from the STT tech brains 2016

4DS is the only company to be still green of 17 stocks, and by a long margin being up nearly 200% now.

15 of the 17 have 50% to 97% losses. 2.5 years later

Expand

A good lesson for newer traders who find a "hidden gem" that, no! You're stock isn't special and different to all the other failures!

XAO Value at posting: 5,859.0
13 Upvote

0 Great analysis

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