Reckon Limited

( ASX:RKN ) - Software & Services


Icarus Signal New Entries For Today

Accountancy software developer Reckon ((RKN)) has regained the attention of investors amidst doom and gloom for retail-oriented industrials and sluggish progress for China-leveraged base materials and energy stocks. Shares in Reckon touched price levels above $2.70 in May -triggering an Icarus Signal- and they quickly retreated to $2.20 since. In recent sessions Reckon shares are ostensibly back in favour, hot on the heels of the company announcing it now has launched a cloud-solution for users of its software and cloud, as we all know, is the latest "must have" in technology land.

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