Buyers holding their ground under ASX200 pressure and ready to run higher

Potential Buy Entry Alert to Watch CAT

Time Frame : Daily/Weekly

Sector : Technology Hardware and Equipment

Key Stats : $214.76 Million Market Cap, VWAP 1.15, ASX Ranking 556, 4 Week Av Turnover $412,186, Current Turnover (Intraday as at time of alert) $270,589.

Company Overview : Catapult Group International Limited (CAT) is a global sports analytics company that provides elite sporting organisations and athletes with detailed, real time data and analytics to monitor and measure athletes. Its products have been used by more than 500 sports teams and organisations worldwide. Its product suite encompasses a range of hardware and software solutions.

Broker Consensus : BUY

CAT – Catapult Group International Limited

CAT action looks solid after the recent capitulation into the ASX200 Index. We see that price action has weathered the storm well in a good sign of strength from the buyers. We are now watching for further confirmation that buyers are going to start the march higher off higher lows as they soak up the selling pressure.

Stock Code : CAT – Catapult Group International Limted

Company Website : www.catapultsports.com

Current Price : 1.16

Status : On watch for potential higher low and push up through 1.45