GENTRACK GROUP LIMITED
Viés de alta

(GTK)Safe entry point to trade breakout

88
Came out of NZ, software business that takes care of revenue collection for utility co. Software collects and calculates bills - single most important software in those businesses. Smaller version of Hansen. In Intelligent Investor portfolio. Key UK market, no fault of their own - deregulation of utilities in UK caused a lot of them to collapse - share price tanked. Small exposure to airports - best turn around software play.

• Gaining momentum after a big rounding base patten.
• Filling up gaps from 2020 big drop.
• Turnaround play

In a low vol profile zone and looking to close big gap downs from Jan 2020.
ATR 1 has been spiking on the recent big move up at end of Nov-22, has been on an uptrend since.

Looking for a pullback to the most recent resistance area to provide support.


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