Lifevantage Corporation (LFVN)

[livingston78]

The company has $18.647m in cash, $36.618m in total current assets, $6.533m of property plant and equipment for total assets of $51.054m. The current liabilities of $21.556m is nothing to be scared of if you take the current ratio of 1.8 in consideration. The company holds more assets than they have in debt. This company seems to be well managed and revenue is increasing on a YOY basis.
You can see on the chart that this one has been in a period of bullish momentum divergence, and the buy signal was triggered Monday. Also, we have a double bottom pattern, and it seems that the resistance will be broken due to the fact volume tends to increase every time the price pushes higher.

It’s also in a passive accumulation phase, and STO is on the buy signal.