Stockpicks Aussie poor market

98 0
Hello Aussie stocks traders

The Australia stock market is pretty bad at this moment.
We have 150 buys 609 Sells 1261 Holds
BSR is 0.25 (very poor value)

Let us prepare some bottom fishing shopping list or cheap penny stocks.

Today's stockpick is OM Holdings (ASX:OMH)

Let's see some previous history data by VectorVest:
02-Mar-18 RT: 1.87
01-Mar-18 RT: 1.93
28-Feb-18 RT: 1.92
27-Feb-18 RT: 1.92
26-Feb-18 RT: 1.96
23-Feb-18 RT: 1.97

Sweet RT values !

As you know the ASX200 is moving downwards due to bearish divergence, and we'd expect OMH also draws downwards to Fib Ret. 23.6%.
When ASX200 rebounces, OMH will follow too.

VectorVest suggested a stop price of 1.13 which is slight lower than 40 EMA ($1.19) if you bought on last Friday.
I would suggest to keep the same stop price, but the entry price to be $1.29, if there were a bullish candlestick pattern.

Please put this stock into your watchlist, and watch for a bullish reversal soon.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out