Price stay above Ichimoku cloud after breakout. Major technical indicators are positive - bullish. RSI and SSTO has not reached overbought level yet - room for price to move up further.
Current Support at 0.330 R1 = 0.375 R2 = 0.425 R3 = 0.465
It's the holding company that sold the shares, not the director himself. Director has deemed interests in the holding hence his disclosure is required. Think the impact here is not as huge as director selling his own shares in the open market.
wa...dont simply say..show proof please...this stock has potential but yet to reflect anything in its fundamentals...risk is high now unless its profit improving..dont simply spread rumours around
3rd august director has disposed easily 6 million over shares that can mean that upcoming quarterly report is bad, although there is a good technical sign appearing on the the charts as the 20MA crossed over the 50MA showing a bullish trend although i really dont know whether this stock would be a good hold for long term. They might be able to get new contracts but i am not too sure whether this can help improve the companys profit for now. I bought it at 0.37 :(. and normally if the company's director doesnt want the share it is not a good sign. zzz
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Investar2862
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Posted by Investar2862 > 2017-07-31 15:03 | Report Abuse
Price pierced through the Ichimoku cloud...bullish trend!