XSO 0.97% 3,032.6 s&p/asx small ordinaries

The Brains Trust - 2016, page-13273

  1. cha
    5,804 Posts.
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    interesting to see the different takes on this

    one reading has gold at the horizontal line been following all year first as resistance then during and after the large cup and handle which played out but now as support

    normally after the spike up we had yesterday will see it gently rise back up to that level

    so if plays out then will see rerate starting here in a solid rise

    if not then will see big fat red candle down

    my goldies all at a higher base than last week. have a new range and if do turn green then all the ones who traded the spike will be back in but after what they will see is confirmed support at this level
    this is where stocks like rsg nst evn quietly rerated before over lasst year or so even though pog seemed stagnant at times so will see

    sentiment on oil has changed even though reality is now oversupply again under trump
    bpt found a range and a base and will see from last week which way it heads
    sentiment is 90% of a move from oversold to overbrought
    sto igo wsa midcaps all on trend. igo has news due so careful here. as saw with cdv can go either way but once mc at realistic value then overbrought is overbrought. can reassess adter the news

    specs still same old
    pan finally doubled from earlier this year. next level 50c plus. good solid no fuss rerate on sentiment

    ibg rvr still churn but ibg now has 7.8c as support and rvr money quietly coming in

    icg another cr but expect news due
    really happy with my laggards like pru which been waiting on all year. doubled and expecting will spike in time and reassess. news in dec will see if on track to turn a profit or not

    so reassess at xmas on track

    wonder what sentiment on uranium will be now
 
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