daytrade diaries... september 15, page-2

  1. 12,893 Posts.
    ARM: Broke resistance at 37/38 yesterday. Now in the 40's and the next leg up has begun. Not much resistance at 45 cents so we could be on our way to the old highs in the mid 60's. With their Manganese discovery ARM is a potential star of the ASX which is only starting to be discovered.

    BCN: I expect this to begin strengthening because more results, this time from infill drilling are due. Given previous hits there are bound to be some nice results. Also in the process of completing a cup and handle pattern.

    WCU: After watching the MD's presentation in North America last week I was less than inspired so will not be buying more.

    THX: Could be a good trade coming here with assay results awaited on their uranium project that are expected to be spectacular.

    IFS: Finally starting to push up with more buyers entering. This investment will take time to appreciate significantly but it is the strong management team I am backing here. Definitely one to watch for the longer term.

    XEN: Performed well yesterday and I exited my options with a nice profit.

    ACS: Watching to see gap get filled at 15 cents then might buy some heads for a trade.

    Good luck today everyone.



 
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