About meNote change to twitter account - This is not trading/investment advice but my personal opinion only. DYOR. I am not a fan of daily trades. My holding period runs into weeks or months as I look for low risk setups.
In the business of rare earths extraction, processing & development in Australia & Malaysia (risk). As things heat up with China (who controls rare earths globally) this bears watching. The price is close to the long term trend line. Support & resistance zones in red dotted lines
The company engages in mineral exploration in the Northern Territories in Australia, primarily gold& copper. It is a WA based company. Technically the chart has 2 rounded bottoms formed & the price is at the breakout level. I always advocate you wait for a retest of the break before making a trading decision. Risk management is the key to success
Australia-based company engaged in the space & defence system business. Space segment includes laser-based space surveillance systems. Commenced contract negotiations with Australia for 251 weapons stations. At $5.32 it is at half price from $10.77.
Not a stock I would generally get involved with but this one has my interest. Inverted H&S formations that breakout & drive the price higher combined with bullish indicators make this interesting. But then these days, throw a stone & it will hit a bullish stockFace with tongue
Has broken out of an inverted H&S pattern & consolidating around the $0.50c resistance zone. This is worth tracking as a break above will have bullish potential. Thanks to @DebraG_Robins for pointing to it.
After dipping down to the 88.6% fib retracement level, it has recovered back to the $0.90c levels. It faces a historical resistance zone near the $1.055 level but once it breaks & closes above that the potential is good. Based on the slow stochastic it is in oversold territory. Wait & Watch
I have just published this idea on twitter too - After a retracement down to the 78.6% fib, it has started moving. Change to a Weekly Chart & see the bullishness whilst daily shows the breakout. In this market I would be comfortable if the breakout level is retested & then we have a continuation of the move up.
$BBOZ Daily Chart - Daily candle is a shooting star indicating a reversal, at a previous resistance zone with diverging RSI. This adds to the conviction of a potential change in direction. We have also not seen a retest of the breakout levels, so caution is advised
VTG has me interested due to a few reasons. It has retraced down to 88.6% fib level. Pretty deep and has been building a base between that level and the 61.5% fib level. It has also found support near the $0.85c -$1.00 mark and has formed a crude inverted H & S pattern. A break and close above $1.75c (neckline) will be potentially bullish. During the current...