Short Term Trading Week Starting: 8th Oct, page-119

Picked up 2 of my other fav stocks as well.


BOE - Uranium producer

Best Uranium stock on the ASX!


- I initially had a target of 6.3c in the event of a market correct like we just had.
- Was happy pick a few up around 6c this morning.
- Oversold and bounced off just above the 200MA nicely.
- Price has just moved above strong resistance/support of 6.3c





LYC  - Only Rare Earth Element producer outside of China


If Trade Wars continue to esculate then this stock would likely see biggest gains on the ASX.
China controls 90% of the worlds REE production.
REE are used in everything from smart phones to most of the US's miltary applications.

If Trump continues to esculate tensions then China will likely restrict supply of REE like it had done in the past.

LYC went from $1 to a high of $27 in as little as 2 years when China restricted supply last time.


- LYC's share price has very strong support and big buying from the $1.62 range.
- Price was rising quickly towards $2 when the market just had a correction.
- Not much resistance in the way up to $2.