New World Resources has been having a pretty good run over the last 6 months. Looks to have finally broken out through a bit of a resistance area. With the USA looking more and more to self-reliance and domestic sourcing of mineral deposits, this could be worth a watch. From their about us at newworldres.com New World Resources has been assembling a portfolio...
Bit of a resistance area, but didn't pull back much on Trumps Corona news. RSI still at a reasonable area. Will be interesting to see if the market rallies a couple of percentage points if that will boost NIO through the next run area. Could be a retest of previous resistance. Worth a watch.
LUL has had a pretty steady run prior to its recent pullback. Looks like it might have bounced off support and could be continuing to recover. Could be worth a look.
Peloton is continuing its strong run. Back at that $100 resistance type area. Worth a watch.
Square is a credit card processor with a strong presence in businesses, stores, services and online. It has re-broken through resistance and will be interesting to see how it goes over the next couple of days. Worth a watch.
John Lyng is an old favourite in the building industry. Now it is through that resistance area, could have a bit of momentum behind it looking at some of the other indicators. Nice couple of breaks on the bollinger with volume. Could be worth a watch.
Couple of people have asked if they can use the SuperTrail indicator to day trade and the answer is yes so figured I'd make this video showing how it would work on a smaller time frame on a more volatile stock.
Another slow and steady albeit a wider range, Nitro enables the work from home community to better collaborate around documents in the digital space. What caught my eye is currently there are 523 buyers for 1,035,897 units vs only 46 sellers with 96,868 units. Its through a resistance point and demand seems to be on its side. Could be worth a watch.
Pensana is looking to become the world’s newest and first sustainable supplier of critical magnet metal rare earths. With backing from the Angola government and pressure around the world to find sources outside of China for rare earth minerals, Pensana could be worth a watch. About Pensana Rare Earths Plc Pensana is a rapidly growing sustainable resources...
Just for something different, I was having a look through some of todays ASX announcements and thought GAL looked interesting. Todays announcement was around their increased focus on Nickel and Cobalt. Nickel is particularly interesting off the back of Teslas recent Battery Day announcements saying their demand for Nickel will be strong over the the next few...
Biocommerce's time on the exchange has been very underwhelming especially when you compare it to Shopify and its meteoric rise. It has started to make a move off the bottom so could be worth a watch.
FYI has been having a strong run. Had a fairly volatile second day off a previous massive day so will be interesting to see which way it heads tomorrow. Will keep an eye on it.
DKNG is in the online and retail sports wagering space as well as operating daily fantasy contests and online casino games. Seems to be a pretty hot space at the moment with similar stocks around it also doing well as sports in the US start to open up. Could be worth a watch.
I like the idea that ClearVue Technologies produces clear glass that generates electricity as well as that they are happy to grow their business through licencing and royalty payments (I've been watching too much of Kevin O'Leary aka Mr Wonderful on Shark Tank). Looking at all the sky scrapers and buildings in modern cities you know at some stage they will all...
Pure Foods Tasmania produces and wholesales pate and smoked salmon & trout fish products. The stock has had a nice and steady rise in price over the last 3 months. Worth a watch.
SunRun is one of the leading residential solar, battery storage, and energy services company in the United States and their stock has been on a nice and steady run since the March lows up around some 700%. I will probably wait for a bit of a pullback before an entry, but certainly worth a watch.
ACER had a nice move overnight on the back of a few days of rallying. Still around 70% to get back to old highs so has some good wiggle room above current levels. Could be worth a look.
Nice Corporation imports, distributes, and sells building materials for housing in Japan and internationally. Super smooth chart and a consistent gainer. Has finally had another pull back into a slightly better value area. One to watch if it resumes its run.