Small Aussie company into supercapacitors

Issued statement on 23/10 bemused at share price fall

Stock has since droopped another 15%

Basically I'm guessing institutional seller that got in on ipo needs out no buyers ----- free money for the patient --- 3-6 months if you belive the management that is

As for the business I have no idea :-)

had a 50% intraday retrace since the last rise earlier
should be the next wave from 5.90p

some retracement lately and again today, but now buyers are back and MMs moving prices up.
at 5.25p had a 50% retracement

Looks like they are bouncing alright 5.725p now +0.275p

5.55p ( 5.50 / 5.60p )

Marked down today and more now in order to attract buyers. After yesterday's bounce on reaching 62.8% fibonacci retracement @ 5.25p. Level 2 is getting stronger with 2 v 1

Kongats comments..... http://www.powersystemsdesign.com/podcasts-resources/html/1435603792-Anthony%20Kongats%20of%20CAP-XX.mp3

YUM!

onwards & upwards.................

Thinline receives prestigious Electron d'Or Award

CAP-XX Limite -07 July 2015

Thinline range of supercapacitors from CAP-XX receives Prestigious 'Electron d'Or 2015' Award from ElectroniqueS Magazine

CAP-XX, a world leader in supercapacitors, today announced that its Thinline supercapacitor family has been awarded an "Electron d'Or 2015" by the French magazine 'ElectroniqueS' in the Passive Component category in an awards ceremony preceded by a conference on the Internet of Things("IOT"). The winner in each category is determined by an independent jury of recognised experts in the electronics industry and is selected from products released in the year leading up to the awards.

"The prestigious Electron d'Or 2015 award is an important recognition of CAP-XX's position in providing enabling technology for the internet of things ("IOT"). Our Thinline supercapacitors address the demands of developers of wearable devices, such as medical, fitness and health monitors, smart watches, and drug delivery systems." said Anthony Kongats , CEO of CAP-XX.

"Thinline directly address the space-constrained needs of new products developed for the IOT, which made the range from CAP-XX a logical choice for the Electron d'Or 2015 in the Passive Component category," said Pascal Coutance, Editor in chief of ElectroniqueS magazine.

looking strong today on small volume but the recent retracement after the news is over

going places now, just short of 6p

10p short term target!

@ 5.80p ready to bounce after profit taking

the earlier couple of large sells are now well covered by the this afternoon buys, so type of a bounce is on the cards

The carry on of large spread 5.40 v 5.70p earlier was soon put to a test and a follow through of buy has turn the red start into a positive point now 5.75 v 5.90p

6.125p +0.40p

moving ahead Good times come again
all buys it seems, MMs must be short of stock by the way of the mark UP with every few buys

Charting

6.60 +0.40p
some large buying trades of 100K moving the price higher



Technical analysis trends

Short Term Mid-Term Long Term
Trend Bullish Bullish Bullish
Resistance 7,20 13,9 13,8
Spread/Res. 7,2% -44% -44%
Spread/Supp. 28% 218% 186%
Support 6,03 2,43 2,70

6.925p +0.75p
volume of 10.72M and going for Intraday BREAKOUT @ 7.475p

DELAYED BY 15 MINUTES

Got to 7.375p and not moving lower yet despite MMs tactics not long ago

BREAKOUT @ 7.55p

after two days of volume and rising a new BREAKOUT has emerged this morning

Sold some @ 7.68p

Intraday retracement

now at 7.725p is a 50% retracement