Capital raised recently with nice price consolidation above $1.50
Price trending up to test 1.82 level. Look for weekly close above this level + an increase in volume.
Price target $2.
FY20 guidance reaffirmed in April. High level or reoccuring revenue. Underperformed tech and Saas stocks during the covid rebound.
Good long term outlook.
Although a...
$IFM - INFOMEDIA - Running up before earnings
Earnings are out on the 21st of Feb and in the past the share price has had a pretty good response in the days and weeks after. Bit of volume coming through. Very gappy marke depth on both buyers and sellers sides which I don't like. Added to the watch list to see if it moves much more before the announcement....
