Short Term Trading Week Starting: 25 Mar, page-60

STTCOMP CAT TA LONG


(Been a while since I did any, hope I've at least got the title right...)

The infamous... inverted catbatsignal formation?

Whether the full 25% is likely... is debatable. May push up to the next level, it had a pick up in volume today to go with a positive move north and will need that to carry on. Either way, a break above the stronger point of resistance seems unlikely in the short term, if it hits 1.15 -1.20 reversing into a short may be the better play.

Not sure how you'd describe the company. Wearable tech with a focus on software subscription, if that makes any sense? It's interesting either way. https://hotcopper.com.au/threads/ann-cat-h1-fy19-results-presentation.4645577/

Daily chart



Weekly chart

Not held, cheers.