Seems the bleeding on the XEC has stopped (XEC constituent's which is a large proportion of stocks tipped and discussed here of the STT Group). Time to restart the hunt or wait for a confirmed upswing breakout?
I say its time to pick up my bow and arrow again and start tracking the trail left by the stocks that have been oversold... It is now we should be looking for the tender shoots of a new sector wide move... So anyone to discuss possible candidate sectors overdue for a run. I still like new energy plays some looking for second wave of bullish activity... Lithium Cobalt, Bauxite (Aluminium car bodies?), possible Manganese.
Technically speaking the XEC is the ASX Emerging Companies mad up of 200 Microcap stocks ranked between 350 and 600 by mcap at ranking time and that have passed a liquidity test.
