tequities

Insto Accumulation & Rejection Zone

Long
ASX:CDY   None
Technicals
Price encroaching on 0.46, a long established Multi Year Rejection Zone
Target 0.76, also a well established reversion point

CoT
Volumes show on-going strong accumulation in buy ups and absorbing supply

Fundamentals
VERY STRONG for an ASX micro
Tapping on cash flow positive, diversified revenue streams, STRONG YOY revenue growth and recent move into the USA market
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