AYTU Support at $1.40

By shu88
I have been following AYTU for a while and if you do a little read up you will find that this company has lots of products in their pipeline, especially for the Covid19 pandemic. Over the past few months the company has been releasing news of its products and its share price has surged rapidly breaking $1 and reaching as high as almost $3. While we wait for further PR, we can see its prices to trade between $1.44 to $1.60 with $1.40 as support. After its relatively positive ER last week I do believe the $1.40 support has gotten stronger. Whether you are going long or looking to swingfor a quick profit, $1.40 is a good price to enter.
Chart PatternsTechnical Indicators

Disclaimer