runyamhere

4Sight: The Bigger Picture

Long
JSE:4SI   4SIGHT HOLDINGS LTD
One I labelled "The Poor Man's Gamble" not far back. This looks like it is attempting to break out of Stage 1 consolidation, the arc should guide price action at some point. The company wrote off about 30% of shares in issue so this will call for a revision of price upwards. Earlier the company hinted that the lockdown had had a positive effective on their business. If they are really putting effort in AI & Machine Learning innovation then this could a multi-bagger in the near future. Would be interesting to see what happens if the price action goes above R1.00. Maybe we should change it from "Poor Man's Gamble" to "Poor Man's Escape", but not just yet. This is one I am looking for stars to align elsewhere and add to my position.

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