Day Trading Pre Open - 1 February, page-13

D13 Multiple hammers on the daily chart, and one of the better quarterlies i have read over the last few days. I reckon this will head back into the teens very soon, big things appear to be happening for this company and the market cap is still fairly modest given the space they are in and they have just had there first cash positive quarter.





LON Massive capping and accumulation after breaking out tuesday on volume. They appear to be happy to soak whatever they can below 4.4 after finding a bottom / base @ 3.9/4 cents. Any positive news from this company and it will move big time. Stock very much trades like a mid cap stock especially in the auction. Potentially a very reliable pip trader given the backers behind it.



MYL Probably my favourite comodities spec stock along with CCZ at the moment. This company just ticks all the right boxes.
High Grade Zinc, big cash reserves, 5000 metre drill programme under way, Mark Creasy as the number share holder. There is just so much to like here. First assays due over the next 2 weeks. I think this stock can easily trade higher than CCZ as it does not have so much manipulation on it, unlike CCZ. There are also a number of big brokers loaded up on this one.



CCZ Another currently drilling, yesterday was a nice opportunity to get set for drill results, i missed the low but have taken a  position leading into initial results.



PSM Thought there quarterly read very well, has been basing around lows for the last 6 weeks just under recent placement price of 1.6 cents. Yesterday wasnt the most desirable candles. But there is significant support @ 1.4. It has not traded lower in nearly 2 years. Given the Market Cap, cash at hand, focus on Zinc and the fact there number one share holder took a significant amount in the heavily oversubscribed cap raising leads me to believe its a pretty good low risk entry for a ST play.



Cheers all, hopefully a better day on the markets today. Yesterday was a bit nasty