$VOC - VOCUS - Can it break resistance ? Vocus is back up testing previous resistance. Indicators all look good for a push through, but ADX is still low showing that momentum hasn't arrived yet. This is confirmed when you look at the market depth on Commsec for example. It's a long way from its $9 highs in 2016 so lots of potential upside if it runs. Bit too...
Quick overview on how I use some of the Trading View tools to mark up charts so I can see what I was thinking at the time and why I traded (or didn't) them. Makes it easy when you are flicking through your watch list to see if they meet your criteria to enter or exit a trade. Also good way to keep kind of a training / trading diary so you can see whether you...
TradingView Education: How to add an indicator to an indicator Got asked how to add a Moving Average to another indicator so thought I'd make a video for the fun of it.
$CNW - CIRRUS NETWORKS - Having a breather. =========================================== Stocks been having a really good run. Current candle shows a bit of a stalemate between buyers and sellers so the stock could go either way, but there is a lot of depth on the buy side so Im still bullish. Will keep an eye on it to see which way it heads on the open and...
I like that they are very spiky on news. One of these stocks where I will happily ride the gradual gains and then sell on a 10-20% news spike. All the indicators look good at the moment. Ausmex Mining Group Limited, formerly Eumeralla Resources Limited, is an Australia-based mineral exploration company. The Company’s principal objective is acquiring assets to...
Was going through looking for stocks I'll watch on Monday morning and thought I'd make a video to share how I do it. These stocks might go up and they might go down so do your own due diligence. I'm guessing and wont act until I see which way they are going.
$PNV - POLYNOVO - Broken out of resistance Good looking chart - especially when you take a look at its 5 year chart and consistent growth over time. Its just broken past a long term ceiling and making new highs so might be worth a watch. PolyNovo Limited is a medical device company. The Company designs, develops and manufactures solutions for standalone and...
Looking to resume its pre-October correction run. Price, Volume, MACD, RSI all looking good at this stage especially if it can crack the 9 cents mark over the next few days and establish support before trying for the 10 cent previous highs. Hoping they can start to leverage some of the eSports hype building. Animoca Brands Corporation Limited is engaged in the...
$NET - NETLINKZ - Running again after pullback? Saw this one last week as it took off but was already fully invested elsewhere. It had a bit of a pullback but looks like it will run again supported by double the market depth on the buy vs the seller side. The idea of a company being able to actively sell a VPN solution in China is quite interesting. Worth a...
$LCK - LEIGH CREEK - 60% Recovery Opportunity? Big sell off over the last couple of days so will have a punt at the recovery. Bought in at .27 and stops are in place. Support at .25 so don't see too much short term risk and with Australia moving into Winter this gas company could regain some of its lost momentum. Worth a watch. About Leigh Creek Leigh Creek...
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...
BHP - Will it break through old resistance area ? BHP has been having such a good run of late, I thought I would have a look at much longer time lines and you can see it is entering this really interesting resistance pocket. I would probably want to see it crack $40 before making a strong play at it, but might be worth a watch. About BHP Group BHP Group Ltd,...
Just some stock ideas for more conservative type portfolios. Always do your own research. I haven't looked at announcements, news, market depth etc which I would do before I spent any of my money on these. Like everyone else - I am simply guessing :) Score 1 best, 2 good, 3 watch BEST AMI - 1 (might be over extended - be careful) CHC - 1 (might be over...
Just a very quick tip I find useful and thought I'd share. It's a way I can keep track of my buy price on shares without having to go back and forth to my trading software to see how the price action is performing against my original purchase price.
$FPL - FREEMONT PETROLEUM - Rebound on the sell off? Pretty good sell off today back down to a previous support / resistance level. Be interesting if it moves back up tomorrow. There is LOTS of depth on the buyer and seller sides. I'm tempted. Will watch for which way it goes on the open. About Freemont Petroleum ================================== Fremont...
$BKL - BLACKMORES - Showing signs of recovery. Might be one to add to your watch list. Nice big fat profitable company recovering after an earnings dump. Its finally crossed back above its 20 day moving average which is a good bullish sign if it can stay above it. It's a company people are used to seeing trade in that $120 per share zone and it has been a $220...
I might be a bit late to the party on this one, but came up on my pullback scans tonight. I have put a bid on at 018 just to join the queue but am a bit 50/50 on it. Will be watching he queue before the market opens to see if I stay or flee. I like the whole esports space and these micro pennies only have to blip and the returns can be quite good. They can also...
$SLX - SILEX SYSTEMS - Good momentum, Worth a watch. So many good opportunities around at the moment. Has some good market depth on the buy side. Quite an interesting business. Not sure how much upside there is if their product is licensed out. Silex Systems Limited is a research and development company. The Company is focused on the development and...