Select

Select: the integrated food catering and mgt services provider marks a 52wk high today, on slight pick up in volume. The activity comes ahead of the upcoming listing debut of its Catalist peer Neo Group come 11 July. Technically a textbook bowl shape chart pattern seems to be emerging. Next resistance at $0.25, support at $0.16 (coincide with 50day MA). Note that historically this counter has seen intermittent sharp moves over short periods of time, likely due to the lack of liquidity.