PCT Ltd (PCTL)

[houtheman]

Yes of course. I use the StoryTrading method to consider 4 pillars of data:

1. Catalysts
2. Sentiment
3. Fundamentals
4. Technicals

The technicals have been positive for quite some time and on a swing to the 200 DMA at around 3.7 cents. So the momentum is in that direction.

Then today the news IMO was very significant and impacts both catalysts and sentiment as a further push to see the technical target come to fruition.

Fundamentals probably not the best but it doesn’t need to be. 3 out of 4 pillars is plenty for a good trade opportunity.

See my previous post for why I think today’s news is meaningful.