Came out of NZ, software business that takes care of revenue collection for utility co. Software collects and calculates bills - single most important software in those businesses. Smaller version of Hansen. In Intelligent Investor portfolio. Key UK market, no fault of their own - deregulation of utilities in UK caused a lot of them to collapse - share price...
GTK - A good trade opportunity here in my opinion. Price is compressing and moving sideways very tightly, will wait for an entry on the break of the resistance line. There is also a gap that needs to be filled at around $3.60, but I would be extra cautious in this period of uncertainty and high volatility in the market.
If breaks $5.60 should go to $6.40 then Sell look for next good move Who knows really but thats my Guess based on ewhat i have learnt over the last few years purely Technical wouldn't have a clue how the company is doing i have concluded over the years it does not matter 1 iotta What matters more is crossing of Moving Averages etc that will tell you more News...