XAO 0.14% 8,567.0 all ordinaries

Short Term Trading Weekend Lounge: 8-10 Mar, page-11

  1. 3,878 Posts.
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    Signs Of Life
    If you were having a reasonable week, you're not alone if you gave up most of that at the end of the week.
    Best week I've had for months. Had a target of 1.2 on SYT, and couldn't press the sell button fast enough when it ran to 1.5. Had to offset that win against two stop losses getting hit, but them's the breaks.

    A hive of activity during the week in petrol / gas land … especially in Alaska … and not all good unfortunately. One minute it's a duster, then the next minute it isn't. Is it just me or are these announcements designed to confuse? Any how, good luck if you are on any of these:
    88E, BUL, FPL, IPB, MAY, OEL, OSH, RMP

    I mentioned during the week that Bitcoin was on a bit of a run. Spent a bit of time during the week looking at the fundamentals in the bitcoin / blockchain sector, and have a much better understanding of the smoke and mirrors that are going on. If you need to take a dip, make sure they have enough cash to last a few quarters. A couple based upon their TA to look at: DCC, FFG, ICI, LNU, OOK

    GLN has had a great run - lithium in South America. Drill results due Monday. Not sure if it's reached the point of "sell the news" yet? I'm more looking at BMG and LKE to see if either of those will coat tail GLN, and go on their own run.

    BNO broke out over 10 cents, ran to 25 cents, and was looking to fill the gap to 50 cents. Back to 18 cents, so now it's also considering the gap between 12 and 15.5 cents. Others breaking over 10 cents that might be worth looking at: ATC, PLL, WKT

    SP 0-0.025: AKM, CL8, ELT, IHL, LSA, SPX, TV2
    SP 0.025-0.05: 9SP, CNW, FHS, IMM, NET, PEK, POS, RAN, SEI, SUP
    SP 0.051-0.075: N27, NTU, WZR
    SP 0.076-0.1: BCT, CMM, CZI, INF, PRX

    Mmmmm ... the forums are talking the talk on some of these …. some research needed over the weekend now.

 
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