Two more ships turning in the night.
MOY is a gold producer at Nullagine in the Pilbara. It's a nearology story but has not had a run yet. That said, MOY management is looking into its extensive conglomerate beds ... more here: http://www.asx.com.au/asxpdf/20171011/pdf/43n41jch28bfpn.pdf
On the daily, MOY has to close above 18c to get started.
![]()
The other turned ship is LIT:asx from that other glam sector. Noteworthy is the Lithium ETF listed on the NYSE is printing new highs but the point of difference for LIT:asx is its Sileach innovative technology that promises enhanced sustainable lithium production that sidesteps expensive oven roasting.
Back in February 2016, the LIT chart put in a 3xFibo extension to reach 30+ cents. Distribution down to 7c in June this year set it up for the accumulators and now price growth is showing signs of the leg speed seen early 2016. Given time, this chart can run to 50c on this wave.
![]()
- Forums
- ASX - Short Term Trading
- Short Term Trading Weekend 11th-12th November
Short Term Trading Weekend 11th-12th November, page-102
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)