$ASUR may be coming up for a channel play & insider buying! 📈

in asur •  3 years ago  (edited)

Good evening dear smooth brained simians!
Magnus here, how are you all doing today?

*Waves hand in air*

I'm here not for the plesantries, but to discuss and opinate on the company Asure Software ($ASUR). Let us jump right into it shall we?

So who is Asure Software and what do they do?


Well, to answer that, I will leave it to the CChairman & CEO Patrick Goepel

I don't know about you, but I like his face! Anyway ow you have had she schpiel from the chairman him self, now we know roughly what we are talking about.

The chart



ASUR_2021-11-14_23-05-55.png
TradingView link

Through use of my moronic magnificent technical analysis skills I came to the conclusion that we are trading in a channel and should expect some upside in the coming future:

  • Expecting at least a further 2.5% downside
  • Looking to enter around $8.5.
  • Keepin stop loss around $8.05 (~ -5%)
  • Target around $9.95 (~ +17%))

Recent insider trading



insider trading.PNG
Source: Finviz
Link to the management team

As you can see, insider trading is up! Both the chief financial officer and the chairman/CEO bought 10,000 shares of the company at $8.75 on November the 12th!

Thay have reduced debt


Thwy have also effectively reduced their deby while increasing equity.

1636932087802.png
Source: SimplyWallSt

Well that is all dear apes of the interwebs, places to go, things to invest in!

- Magnus Chimpski


MagnusChimpski Portrait.png

Disclaimer: This is not financial advice. It is an opinion. Magnus is not a financial advisor.
Magnus is infact a ficticious smooth brained simian of the interwebs, to take advice from an internet monkey would be insane.
- End of transmission

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