Is $AUDT about to explode?Looking at the graph it kind of looks like this token is about to be done with accumulation
Accounting
Is this Sage's moment to breakout?Will Sage breakout of its 817 resistance, which has held for almost 5 years?
Bullish on $AUDT?In order to really get to 10c again AUDT needs to be strong enough to break trough the 3c area. With the exciting 'news' coming in January, it seems to me we can be pretty bullish for the token.
$AUDT made showed of a pretty solid growth!On day one of listing there was a huge dump from 'investors'. People even sold there tokens at $0.02. Imagine they bought as high as $0.2!
Since that day all you have seen is investors, true believers in Auditchain, buying up what others sold. Amazing and solid growth!
AUDT is trading on very low volume, but marketing will start soon. Massive inflow of volume could happen after the marketing engagement/
Let's see what happens!
Auditchain, changing the world of financeAuditchain is a decentralized accounting, reporting, audit and analysis metaverse that automates and provides proof of assurance on the world's financial and business information.
Incentivizing and Moving the Institution of Accountancy Toward Complete Automation
Auditchain enables the world's accountants, reporting managers, CFOs, controllers and financial analysts to earn royalties through the curation of logic based rules. Non-fungible tokens are issued to curators and royalties are allocated between curators and auditors.
Driving the New Trustless Assurance Economy
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www.youtube.com
Above video is very interesting explaining Auditchain
$XRO:ASX - XERO LIMITED - Up 115% for the yearXERO has been a great little runner over the last 12 months on the ASX and starting to look like challenging the $90 mark and then onto $100 with any luck. RSI still indicates plenty of value left and it is such an embedded finance / accounting system across most small businesses in Australia that it could well be worth a look.
Xero Ltd. engages in providing online business solutions for small businesses and their advisors. The company founded by Rodney Kenneth Drury and Hamish Edwards on July 6, 2006 and is headquartered in Wellington, New Zealand.
The Worst Looks To Be Over For $MAT$MAT is trading higher after delivering strong Q3 earnings and putting its accounting issue behind it. Here are the highlights from Q3:
Dolls sales were up 5% during the quarter off a double-digit jump in the Barbie business, while the vehicles category saw a 13% gain off a stellar quarter for Hot Wheels.
The company's adjusted gross margin rate improved 390 bps to 46.9% of sales to smash the consensus estimate of 42.6%.
Mattel (NASDAQ:MAT): Q3 Non-GAAP EPS of $0.26 beats by $0.07; GAAP EPS of $0.20 beats by $0.02.
Revenue of $1.48B (+2.8% Y/Y) beats by $40M.
On the accounting issue:
The positive news from Mattel is that the accounting investigation didn't find any fraud and the company is now free to go back to the debt market. During the earnings call, Mattel stated that it intends to refinance $250M worth of senior notes in a move that should lower costs.
As always, trade with caution and use protective stops.
Good luck to all!
