Look for 94p / 95p retrace - slice 131p / 140p - RSI breakout
Bullish trend could be forming now in BOKU after RSI breakout & making higher highs & hopefully a retrace to make a higher low.
Best to look for a retrace before a position taken 94-95p
A company that seems to be growing well since last year, please read latest RNS's.
Not holding but looks pretty interesting.
Look for a slice at 131p - 140p (some resistance at 50ma so perhaps a small slice there to be safe?)
quote from RNS:
2018 has been a year of growth and expansion for Boku. Volumes processed through the platform have more than doubled to $3.6 billion, further strengthening our lead as the world's largest independent carrier billing company. New customers like Netflix and Rakuten have started to use our platform and existing customers like Sony, Spotify and Apple have expanded their use. Revenues have increased by 45% and for the first time adjusted EBITDA was positive for the whole year.
Best to look for a retrace before a position taken 94-95p
A company that seems to be growing well since last year, please read latest RNS's.
Not holding but looks pretty interesting.
Look for a slice at 131p - 140p (some resistance at 50ma so perhaps a small slice there to be safe?)
quote from RNS:
2018 has been a year of growth and expansion for Boku. Volumes processed through the platform have more than doubled to $3.6 billion, further strengthening our lead as the world's largest independent carrier billing company. New customers like Netflix and Rakuten have started to use our platform and existing customers like Sony, Spotify and Apple have expanded their use. Revenues have increased by 45% and for the first time adjusted EBITDA was positive for the whole year.
Trade closed: target reached:
over 30% profit