$CAT - CATAPULT GROUP - Up 100% in the last 2 months

17 Nis 2019

CAT - CATAPULT GROUP - Up almost 100% in the last 2 months

CAT has been having a pretty good run. Up almost 100% over the last 2 months and looking to challenge and old resistance point. It's still a long way down from its old $4 highs so potentially some room to move if it keeps running. The precedent is there.

About Catapult

Catapult Group International Limited is an Australia-based company, which offers wearable elite athlete tracking technology and corresponding sporting analytics. The Company is engaged in the ongoing development and sale of elite athlete wearable tracking solutions, and the ongoing development and sale of analytics for athlete tracking. It has a diverse customer base across sports regions and leagues. It offers ClearSky, a local positioning system that combines pinpoint player movement traces with micro-movement analysis to enable an end-to-end solution for measuring performance and tactical output. Its OptimEye S5 is an athlete monitoring device in elite sport. The OptimEye has both a Global Positioning System (GPS) and Global Navigation Satellite System (GLONASS) antenna, allowing the device to access twice the satellites to increase accuracy and decrease drop outs. Its Inertial Movement Analysis (IMA) is a scientific algorithm that removes the inherent errors of inertial sensors.

25 Kas 2019

Not

Pushing the $2 psychological barrier now. Will it get through or pull back. I suspect a pullback.