XAO 0.77% 8,633.1 all ordinaries

Short Term Trading Week Starting: 18 Mar, page-89

  1. 650 Posts.
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    thanks, keen to have a go. Please let me know if I have this down correctly or if I need to make adjustments

    STTCOMP BUD TA LONG

    Buddy Platform Limited IoT and cloud based solutions

    Market Cap $80m

    Cash in Hand $22m

    Solid couple of days after being oversold territory on RSI from late Feb. Has broken out of the resistance at 6.5c. Ready to test next resistance at 8.2 and then onwards to 9.4 as my next target. Of the back of the LiFx acquisition, which has had its best every start to the year and todays market update of new installations in UK, USA as well as relationship with Ingram Micro in Europe. Some future catalyst and development also in the pipeline for a steady rise back up the charts.
 
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