Support 786 fibs & holding – break trend soon – CCI bullish up
MICROSAIC SYSTEMS PLC ORD 0.25P LSE:MSYS
At support 786 fibs and with price congestion.
I assume most sells are people closing shorts that held from the top and MM’s gathering shares before any news, I tried to buy some more shares a few days ago and they didn’t have any.
Fundamentals:
£5.5mil cash raised at 2p (placing)
£7.5mil mcap
16.4% Unicorn holding at 1.9p/2p
MSYS with over 7 distribution deals in place:
Amedis, Omicron Research, Stable Arm, Rightek, Knauer, Unmicro tech, C.P.I innovation S & agreement with biopharma partner.
awaiting news could spike on product announcement
Mass Spectrometry