Over the last 5 years, Spectur has been involved in a process of constant development. Our wireless security camera design is the result of millions of hours of real-world experience, in one of the world’s most hostile and arid environments
Spectur have moved well since my last idea was published moving out of thew base at peaking up 61% before resetting in the current flag pattern.
Over recent sessions demand volume has reduced considerably signalling that few sellers are prepared to reduce exposure here. The share price is currently at 38c where it has previously found support. This support also represents the 0.5 fib adding to the value attributed as a likely turning point.
With the company recently announcing the filing of three new patents targeting fugitive methane emissions, thermal imaging and LIDAR applications it has become clear that this is not your run of the mill CCTV play.
The increasing distribution network and new family of technology support the probability of strong news flow over the coming months which is why the current set up represents opportunity.
I have held since IPO and will continue to do so based on the strength of the fundamentals until significantly above the current chart based target of 61c with a pseudo stop loss at 34c . As a TA trade this has potential for a 60% move on a risk reward basis of 5.75
Spectur have moved well since my last idea was published moving out of thew base at peaking up 61% before resetting in the current flag pattern.
Over recent sessions demand volume has reduced considerably signalling that few sellers are prepared to reduce exposure here. The share price is currently at 38c where it has previously found support. This support also represents the 0.5 fib adding to the value attributed as a likely turning point.
With the company recently announcing the filing of three new patents targeting fugitive methane emissions, thermal imaging and LIDAR applications it has become clear that this is not your run of the mill CCTV play.
The increasing distribution network and new family of technology support the probability of strong news flow over the coming months which is why the current set up represents opportunity.
I have held since IPO and will continue to do so based on the strength of the fundamentals until significantly above the current chart based target of 61c with a pseudo stop loss at 34c . As a TA trade this has potential for a 60% move on a risk reward basis of 5.75
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