Bullish engulfing - weekly
Strong bullish engulfing candle on the weekly timeframe at area of historic strong support for GFINITY. RSI rising.
Trading update due in next 2 weeks with HY accounts due out by 2nd week in March. All indications from the company are that they are seeing enormous growth in the digital media side of their business. Monthly Active Users growing exponentially as well as the revenue per user increasing from around 5p at start of 2021 to 20p by end Dec 2022 - Twin engines of growth for anyone who has read 100-baggers.
Business significantly undervalued compared to peers, has top management, is operating in a hot sector, has low debt, low fixed costs, high margins, and is rapidly growing revenues, fast approaching profitability (July 2022), cashed up & highly scalable.
Trading update due in next 2 weeks with HY accounts due out by 2nd week in March. All indications from the company are that they are seeing enormous growth in the digital media side of their business. Monthly Active Users growing exponentially as well as the revenue per user increasing from around 5p at start of 2021 to 20p by end Dec 2022 - Twin engines of growth for anyone who has read 100-baggers.
Business significantly undervalued compared to peers, has top management, is operating in a hot sector, has low debt, low fixed costs, high margins, and is rapidly growing revenues, fast approaching profitability (July 2022), cashed up & highly scalable.
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