Reckon Ltd T.RKN

Primary Symbol: RKNLF

Technology Software - Application

Reckon Limited is an Australia-based software company that provides software for accountants, bookkeepers, lawyers, small and medium enterprises (SMEs) and personal users. The Company’s divisions include Business Group and Legal Practice Management Group. Business Group provides accounting and payroll software for small to larger sized businesses and personal wealth management software branded as Reckon One, Reckon Mobile and Reckon Accounts Hosted (cloud products), Reckon Accounts Business and Reckon Accounts Personal respectively. The divisions operate predominantly in Australia and New Zealand. Legal Practice Management Group provides practice management software and workflow solutions to legal firms for document scanning and routing, print management and cost recovery solutions under the nQZebraworks brand, with a focus on releasing new cloud practice management products. It operates predominantly in the United States and United Kingdom, with re-sellers in other parts of the world.

OTCPK:RKNLF - Post by User

Reckon Ltd

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Post by kevinNashon Dec 16, 2016 4:57pm

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Post# 25612592

Technical chart view

Well the STO just broke above 20 and the share price broke the 5dma and seriously tested the 10dma today. I'd say now that the "insiders" have loaded up this is going to blow past the 10dma and 20dma @1.77. Having said that, breaking the 50dma @1.91 and the 200dma @1.96 would indicate a much bigger move would be in the works.

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