Hello all, thanks Rav, your charts say it all, shocker of a week for resources, some bounced Fri led by goldies.
Week ending Fri 26
Short week resulted in quiet trading, many took long ANZAC weekend, school hols in WA, maybe some kid's time for traders, incl me.
Week summed up best by McKagan "didn't seem to be any hot runners this week not many good charts under $1 - and that's the lifeblood of HC and why it is so quiet atm."
Surprised at number of 52 wk highs, money is going somewhere. Nice recovery in gold at week's end saw a few bounces on spec goldies (mid caps ones too) and other resources, or at least of halt of downtrend or sideways movt, for now.
Here's a mixed bag, some special situations ANG, MTU, FSA, ACL, ACR, ISN LTG, BGL, BGS, CZD. Lift off bot some not much vol AZY, SRM, AMX, AQG, TGS, RRL, SUM.
Am wearing my FUD T-shirt atm, (fear, uncertainty, doubt), but there is always something to trade!
