Tech Capital

Starcom to burst through 4p mark if it can do this one thing

Technical analyst Zak Mir is tipping Starcom Plc (LON:STAR) shares to cruise past the 4p level if they can break through the 200-day moving average at 2.64p.

“The shares have been bumping along the bottom towards 1.5p over recent weeks but have pushed through the 50-day moving average at 1.92p so far today,” explains Mir in the latest Proactive Investors Bulletin Board.

“A break of the 200-day average at 2.64p could take shares back towards the 4p-plus area which is the one year resistance.”

 

View full STAR profile

Starcom Plc Timeline

View All

© tech Capital 2017

Tech Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed tech companies to interact with institutional and highly capitalised investors.
Headquartered in London, Tech Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.