XLMedia (XLM). This stock is showing the chart characteristics that Minervini seeks in his investments. The business appears to be financially sound and to have a "technology moat". Although it was predominantly a betting industry business XLM has expanded into the credit card and cybersecurity industries. This is a strong positive for me as I think that expanding the model into other areas/industries could lead to very significant growth. Their technological expertise is likely to allow them to do this successfully and keep ahead of competitors.

I also like the positive cash position and recent large director purchases. An excellent review of XLM was recently posted on Stockopedia.

https://www.stockopedia.com/content/lsquothere-once-was-an-ugly-ducklingrsquo-ndash-xlmedia-xlm-203107/

I am long in this share and recently topped up during the spurious dip in price caused by the dividend delay (not the fault of XLM and now paid).

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