Atomo Diagnostics Ltd provides medical devices. The Company offers solutions for testing and screening of infectious diseases and chronic conditions. Atomo Diagnostics serves customers in the United Kingdom and Australia.
Recommendation Update: 4 September 10:30am
AT1 – With price failing to sustain the break, and dropping back into the broader range, we suggest closing any remaining positions. We will cease coverage for now.
Recommendation Update: 3 September 10:30am
AT1 – Break out has not been sustained, and the price is back into the broader range. We would cut any remaining position, as better opportunities are likely elsewhere for now.
Recommendation Update: 31 August 10:30am
AT1 – Has broken out and now retesting the breakout zone of $0.43 to $0.42. Despite closing down 1.1% on Friday, prices closed near the highs of the session. Needs to hold above $0.40 for the upward momentum to persist, so stops should be lifted into the $0.37 to $0.39 region.
Recommendation Update: 28 August 10:30am
AT1 – Up 7.1% of the day and a strong close above the prior resistance zone between $0.40 to $0.42. Should be good for a run towards the $0.50 to $0.55 region over coming days.
Original recommendation: 27 August 10:30am
AT1 – An IPO base. Period of consolidation following the IPO back in April, allowing all those you profited on the IPO to exit. This leaves a supply void above recent resistance. Break of $0.42 would see a move towards $0.50 to $0.55.
