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illumin Holdings Inc T.ILLM

Alternate Symbol(s):  ILLMF

illumin Holdings Inc. provides a journey advertising platform, which enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. It enables marketers to connect intelligently with audiences across video, mobile, social and online display advertising campaigns. Its Programmatic Marketing Platform, powered by machine learning technology, is at the core of its business, accompanied by patented solutions for analytics-led video and mobile targeting that leverages data. It enables marketers by offering near real-time reporting and analytics, bringing accountability to programmatic advertising to deliver business results and help solve the challenges that digital advertisers face. Its illumin software enables creation of consumer journeys with custom messages tied to the propensity-scored audience. Its customers include both agencies and brands, including enterprises and small to mid-sized businesses.


TSX:ILLM - Post by User

Post by MeAndMyTwoCentson Sep 08, 2021 9:18am
197 Views
Post# 33824098

Technical breakout coming???

Technical breakout coming???I am going out on a limb here, but I am hoping I am right that we could see a technical breakout in the near future. Since February, the stock has formed a pretty clear descending triangle pattern, which is typcially considered bearish, however, it can also be bullish so long as the volume decreases on a somewhat steady basis as well. If you look at the volume over that time on the 1 year daily chart, there is a clear decrease from then until now. I believe the floor on the triangle is about CAD$9.30, and while the stock could certainly breakdown below that (which would not be good at all), I believe there is enough interest and positivity around the company and the breakout will actually be to the upside. Of course, as a shareholder, I am biased but I think we are getting close. It would be great to get back up and through the 200 day ma of about $12.15 and have that resistance level become a support level. Just my two cents. 
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