Buyers draw a line in the sand as they build for new highs

Potential Buy Entry Alert to Watch CCA

Time Frame : Daily/Weekly

Sector : Software and Services/Technology

Key Stats : $21.53 Million Market Cap, VWAP 0.225, ASX Ranking 1430, 4 Week Av Turnover $442,085, Current Turnover (Intraday as at time of alert) $77,854.

Company Overview : Change Financial Limited (CCA, formerly ChimpChange Limited) is an Australian company that has developed a digital banking platform via its wholly owned subsidiary Chimpchange LLC. The Company offers consumers bank accounts.

Broker Consensus : Not covered my a major broker

CCA – Change Financial Limited

CCA recently had a big run up and as expected, pullback as traders locked away a quick gain. The news that drove the action higher is a big positive for the company so we have been waiting to see what happens on the pullback. It seems that the 0.185 level is the line in the sand so we are now watching for a lift in volume on a rally for the higher low and entry setup.

Stock Code : CCA – Change Financial Limited

Company Website : www.changefinancial.com

Current Price : 0.23

Status : On watch for potential higher low and push up through 0.30 then 0.55

https://www.tradingview.com/chart/CCA/eMaVBH1H-CCA-asx-is-showing-some-great-signs-of-coming-back-to-life/