was expecting an impulse move out, however it fell back into the buy zone again, crucial few days ahead ??? and i think the trade is still in place but need to keep going up from here and take out last weeks top and she will head off :))
ORE
Dont have alot of data on this one, howver doing the simple stuff works, im a bit concerned where the stochastic are on weekly and possible might go to the 37 area. I would be moving stops up to guarantee profits though, stellar run, well done
QBE Im still in favour of it heading up to the down trend line and seems to have continued on its path. Personally i have stops just inder the 20 now :))
POH Seems to be hitting the 38.2% level resistance level and would be good to get it above the 22 area so that it can use that as support. Speed angle from the past suggest up to 30 is possible ??? Weekly indicators suggesting a sell though so trade with caution
PRR Hard to say where it can go but looking at the weekly the 10 cent was a repeat from the last bounce, ;ofty hieghts if it repeats ether of the larger angles :)))
ANZ Currently another swing trade there now and time date here is 30th April will be interesting, all im doing here is going with the momentum. If it takes out the highs then 2034 is my target, but i will have stops moving up locking profits in too See how well it just supporte don the black line ??
WHE Resustance at 85 and wow thats a long way off, its got its head above resistance at 17 now. The speed angle will repeat at some stage not sure it its now though but it will Stochastic's on a wekly seem to think its got more to come even if it does cool down a bit first ???
AXM What can i say, i got it wrong but im still of the opinion that it will head up again and the weekly still suggests this, my timing was out. On the strenght of stochastics i think at worst a bounce trade??
PEN Note the levels on the chart for resistance and probably can thank DYL for the renewed interest in the sector ??
ABB Weekly chart suggest some interesting targets and also i think its trying to break the down trend line. $6 is the support and resistance line so its good to be back above there and trades from there should offer minimum risk entry for longer term stuff ?