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zAngus
Sep 8, 2019 5:25 AM

DATA#3 LIMITED (ASX:$DTL) Long

DATA#3 LIMITEDASX

Description

Breakout of resistance area on good volume. Could be worth a watch on Monday if it heads the right way.

Got hammered pretty badly with the market downturn at the start of August so I'd probably suggest tighter stops if you take the trade.

Data#3 Limited is engaged in providing information technology solutions. The Company operates through two segments: Product, which is engaged in providing hardware and software licenses for its customers' desktop, network and data center infrastructure, and Services, which is engaged in providing consulting, project, managed and maintenance contracts, as well as workforce recruitment and contracting services, in relation to the design, implementation, operation, and support of information and communication technologies (ICT) solutions. Its technology offerings cover various areas, including consulting; which offers solutions to align people, processes and technology; data and analytics for business decisions; hybrid Information technology (IT)/cloud, which offers secure data center solutions; IT lifecycle management, which offers solutions to optimize customers' IT landscape; mobility, which connects to business networks and information, and security to manage cyber security.

Comment

Small 6% gain so far before it pulled back. Will be interesting to see if it can continue to move up from here.

Comment

Performing well. Just ticked 30% gain since spotted.

Comment

Had a bit of a pullback, but back up to almost a 40% gain from when we first looked. Bit of an indecisive day today but the RSI hints that there is still value there.

Comment

Nice 50% gain since we first looked at it. Quite volatile through the middle though.

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Might be back in play.

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DTL looking interesting again. Be nice to see it run back up to $6.

Comment

Nice little 12% gain. Looks like it will keep running.

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