$BVS - Bravura Solutions - Looking oversold

$BVS - Bravura Solutions - Looking oversold.

See which way it heads over the next couple of days but looks like it is in that oversold territory and should recover somewhat for a quick couple of percentage points gain.

Bravura Solutions Limited provides software products and services to clients operating in the wealth management and funds administration industries in the Asia-Pacific and Europe, Middle East and Africa regions. The Company's software products and services support the front-office, middle-office and back-office functions needed to manage and administer financial products across investment products and wrap platforms, superannuation, pension and retirement products, life insurance, private wealth and portfolio administration. It operates across two segments: Wealth Management, which provides software and services that support back-office functions relating to the management of investment products and wrap platforms, superannuation, pension and retirement products, and life insurance, and Funds Administration, which supports back-office administration requirements for a range of investment managers, custodians and third-party administrators for both retail and institutional customers.

Comment:

Interesting share price spike yesterday with Blackrock coming in as an investor.

Has settled back down but indicates someone was willing to pay the higher premium.

Comment:

Time for another look. Seems to have reestablished support back over $4 and could be in for another run.

Comment:

Back up to testing its old highs but rejected. Have set an alert to watch for it to cross above $4.80 to have it set up for another run.

Comment:

Strong signals out of BVS again and running nicely.

Comment:

Nice run so far. Re-challenging resistance.