XAO 0.77% 8,633.1 all ordinaries

Short Term Trading Weekend Lounge: 1-3 Feb, page-51

  1. 3,878 Posts.
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    Signs Of Life - about 63 this week, compared with 46 last week - but some look to be setting up for fundamental rerates, rather than the three day runs we've gotten used .

    SP 0-0.025: 88E, AHL, ANW, AQX, ARE, AVL, BSM, CAZ, CHK, DDT, E2E, GML, IEC, LNY, OOK, PIO, PM1, PRL, S3R, SEI, TNR, TSN, TV2, WSI
    SP 0.026-0.05: ANP, AUZ, AWY, BCK, BEE, EMR, EN1, FEX, MDR, MXC, ORN, PAA, PEK, STM, TON, WZR
    SP 0.051-0.075: BDR, BKT, CDX, CKA, CV1, ERX, HCT, MYL, NML, PGM, PUR, VMT, YOJ, 4DS
    SP 0.076-0.1: AIQ, BOT, CXX, DCL, DTZ, EVS, LSH, STX, SVM

    LNY setting up nicely, waiting for a Mining License

    Alaska Region shows promise: 88E, ETE, RMP

    South Australia nearology - drilling by BHP and ARE/AIS (and OZ?) - CHK and IVR might benefit if any of the drills come up trumps.

    OOK - is it Afterpay?
    https://hotcopper.com.au/data/attachments/1427/1427214-418c2a7c35ab3e548156f2e087581aab.jpg

    VMT - looks to have finally turned the corner?
    https://hotcopper.com.au/data/attachments/1427/1427216-ee131ea1ab221c2807882a6bb3833c9a.jpg

    Candles - need as many weapons in your arsenal as you can … gathered over years of experience … trial and error

    Candles on their own give too many false signals … just like a daily MCD crossing … but a weekly MACD crossing can give far less false signals.

    Good luck and best wishes @rick64
 
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