EYM has formed a solid cup and appears to be forming a handle at the 50% retracement level. A week or so here on low volume will set this up very well as a future trade
Prior move appears to have consolidated on declining volume at 0.5 fib and prior resistance. If it's going to move then this should be the key level.
Rounded bottom formed on CAI, with no clear overhead resistance the first target on the break is 7.6c representing a 58% move from current levels. Recent JV with TSXV:NOV and a very nice set of tenements.
$BUD has broken above tops of $0.265 with volume On the back of an announcement by Telstra on Friday. Support should come in previous highs ($0.250) Good product with long-term potential.
Segue has recently been highlighted as having a strong chance of hosting conglomerate gold in the Pilbara which is a current gold prospecting hot spot. A low volume handle has begun to form after a cup with a 3.0c depth. A retrace to 6.9c would be half of the cup depth and also the 50 fib wise. A break from 7.0 would give a target of 10c. Ongoing exploration...
Hazer Group today broke out on light volume. The previous move (spurred by material news in regards to their graphite and hydrogen technology) of ~65% from $0.41 to $0.68 represents a move of $0.27 which gives this latest movement a target of $0.85. This also correlates with the historical all-time high. Since the initial move the on 3/10/17 the previous price...
Initial move of around 100% has had some time to consolidate and soak away remaining supply which has been thinning considerably since the first move. Recently the green bars have been finding much less supply therefore the possibility of a significant move is increasing. If the topside break occurs then 12.0c would be the target This medical cannabis company...
Caltex looking to tag $34.00, I see support around the $33.40 area , Bearish below $33.00
Aristocrat is Heading up with likely acceptance above $22.00, expecting a pullback to $22.60 to probe for buyers before further bull
Potential channel breakout on close over 70c with significant volume may occur next week. Increasing copper commodity prices may contribute to bullish sentiment. PFS due out later this quarter for T3 copper project in Bostwana.
ASCX.EUC major TL has been touched as the chart sets up a decent pennant. Top side breakout will give a 43c target with very little overhead resistance over head. Prev high at 29.5c may require some volume to push through
After a monster run EUC have pulled back and appears to be consolidating at around the 61.8 fib level while flagging like a boss. Awaiting flag break for entry with a target of around 43c on the chart depending on BO point.
JRV have been trading in channel over the past few weeks. The recent topside break was rejected and the momentum has now reset raising the probability of a second test of the upper channel boundary. Target for this move would be 25%. Upon failure a flag is likely to form increasing target. Based on this I perceive this to be a low risk entry
ASX listed MOD resources are developing a large copper project in in the Kalahari copper belt of Botswana in partnership with AIM listed Metal Tiger AIM.MTR Chart has seen a long consolidation zone around the 6c mark with recent volume entering at the long term trend line, suggesting a break out is likely to occur in the near term. This aligns with potential...
Don't sell out yet, if you take a look at the Relative Strength Index (RSI) Its showing it to be over populated so I'm suspecting it to retest either the .246 support line or even .186 support. The MACD has relative convergence to the share price, wait for it and the RSI to correlate again. Then we should hopefully see another boost in price with hopefully some...
LPE a novel Queensland based discount energy provider with consistent revenue growth has proven to have strong support historically at 2.3c. The stock has over the past few sessions been strongly absorbed in this range and now appears to be nearing a break point. The growing revenues and approach to the spec dream of being cash flow positive signal to me that this...
DDD; developing Haiti based gold projects has consistent news flow expected as they begin to develop their gold projects. The Gold sector in general has been performing well recently From a technical perspective the chart indicates that the previous move from 0.7c to 1.5c has consolidated after testing the 0.5 fib setting a base for the next move. The volume has...