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$GSW:ASX - GETSWIFT - SAAS logistics up 300% in 3 months

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Getswift seems to be getting back on its feet after last years downfall and seems to be heading the right way with perhaps more diligence around its reporting of signups. It has broken through two pretty strong resistance areas and seems to be holding its ground. This was a $4 stock at the end of 2017 so might be some upside if it can continue to build. Probably a bit overbought right at the moment but still has 81 buyers for 1,613,616 units vs 43 sellers for 1,081,959 units in the queue. Could be worth a watch.

GetSwift Limited is a logistics management software company. The Company provides a cloud-based software-as-as-service (SaaS) platform that streamlines delivery and logistic channels for businesses. The Company's delivery tracking software platform optimizes routes for businesses to deliver their products to end customers automates the delivery dispatch process. It provides real-time tracking and alerts to both the sender and the receiver via mobile devices. The Company's algorithm chooses the appropriate driver based on the location, mode of transport and distance to drop-off. It increases customer loyalty. It monitors the driver's service and performance. It monitors the customer feedback in real-time. It allows clients to place new delivery bookings via their own white labelled booking form. It captures photos, delivery notes and digital signature as proof of delivery on the driver application.

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