Catapult is a global sports data and analytics company that provides wearable technology and analytic software to elite sports teams.

“It’s a business that’s experiencing strong growth and the share price trend backs this up,” Michael said.

“Looking at the trend so far this year, we can see that the rallies are quick and impulsive, and then any pullbacks are smaller in nature.

“All the while it has generally sat on top of the 50-day moving average.

“Once again, we can see that the stock has pulled back in an orderly fashion in the past few days and bounced off the 50-day moving average.

“This is an opportunity to buy into a stock that’s trending higher in a sustainable way,” Michael said.

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