$ANO - ADVANCED NANOTEK - Bit more in it?

After a long period of consolidation its been having a nice run of late. RSI is probably a bit high but has pulled back so might be a good time for an entry if it retests the previous high and runs again. Worth a watch.

Advance Nanotek Ltd, formerly Advanced Nano Technologies Limited, manufactures aluminum oxide powder, zinc oxide dispersions and zinc oxide powder for the personal care sector. The Company operates in the Personal Care segment, which produces and distributes dispersions of mineral-only ultra-violet (UV) filters in cosmetic emollients used for sunscreen, skincare and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. Its geographical segments include Australia, United States of America, Europe and Rest of the world. It focuses on suncare and skincare sectors. The Company's products include ZinClear and Alusion. It offers a range of transparent zinc-based UV filters in dispersion and powder form under the ZinClear brand. ZinClear range includes ZinClear XP, ZinClear IM and ZinClear XP dispersions. Alusion is a soft focus cosmetic pigment and plate-like aluminum oxide that is used in various applications, such as cosmetics and coatings.

Comment:

Spiked nicely.

Comment:

Have put an offer back in to hopefully ride the next leg up.

Comment:

Lucky timing. Caught nice little move up for a 12% gain. There isn't any market depth so expecting a retrace or at least a consolidation.

Comment:

Hit 100% gain yesterday since first spotted and I think there is more in it.

Comment:

Been a great run so far.

Comment:

Testing resistance for the third time. Will it break and continue its run. Its now up around 300% since first signalled as a buy.

Comment:

ANO has been having a crazy run. Peaked at $7.85 or roughly a 450% gain. Has now pulled back and I finally exited around $7 on a stop loss. Keeping an eye on it for a re-entry.

Comment:

ANO still running along that mid $5 support area. Keeping an eye on it to see if it breaks out with an alert set at $5.95 to help give a better sense of direction.

Comment:

Up through $6.60