If things go go my way, I was looking for something cheap that could double in price (or more) within the next month and if not, hopefully hold it’s current price.
First, a little info from Stockhead on April 22:
The ASX tech sector has been savaged since COVID-19 began affecting local equity markets nearly two months ago.
But there have been a handful of companies making gains despite being unlikely beneficiaries of the pandemic. One of them ……..
AO1
How do you facilitate open houses when gatherings of more than two people are banned? You do it online and Asset Owl has just the solution — inspector360.
AssetOwl’s software was originally developed to eliminate a lot of the paperwork around property management and inspections, with the feature facilitating virtual inspections intended as an add-on feature.
However, the increased demand for virtual inspections has resulted in this feature been fast tracked. Before April 22nd the company reported demand for this new service had skyrocketed in recent weeks.
It helps potential buyers see the property in a similar way to Google Street View.
There has been a little interest in this stock again over the last couple of weeks. It’s outperforming the XAO, price is well above the rising 10d EMA and volume is behaving nicely.
Is it just punters gambling that we might be heading towards more lock downs thinking it might push more real estate agents into using this technology or is it insiders, that know a little more? Time will tell.
1st target: The high of April @.02 that will return 100% and with a bit of luck, it could go higher.
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