Michaeljob
Long

$TTL flag breakout trade

ASX:TTL   TRANSCEND FPO
TTL has since mid January absorbed around 55m shares in the 3.6-4.6c range setting a new base well.

This tech stock has a shareholder base with several notable highly successful large holders and is active in the acquisition space.

$MYQ also run by Peter Wall was last years top performing stock showing that when he gets it right he gets it very right and Tolga who is a large holder also has quite the reputation in getting things right . The company would likely align well to a blockchain based acquisition

Technically the chart indicates a tightening range with reducing volume signally that a move is near, with the team behind this one my money is on that change being to the upside with an initial target of 6.5c
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