daytrades jan 27 pre-market, page-4

hope everyone had a great australia day yesterday.

looks like it is going to be another positive day on our market with several spec plays looking like they will continue moves from tuesday.

BCC - volume was extreme on tuesday on the back of a very positive reserve increase announcement, will be very interesting how far they are willing to run it higher, holding a position from 9.2c will be looking to take profits on loss of momentum.

WHN - frontier oil spec that has had excellent volume recently, looks like it wants to test recent high of 3c, one thing that is a little concerning is the amount of effort WHN has taken to get back towards 3c, suggests there are plenty willing to take profits at these levels, will stay with it till sentiment turns negative.

ZYL - very positive announcement out of Mozambique's Ports Development Company (MPDC) on Wednesday (australian time) that it would increase the handling capacity of its Maputo port to 12 million tonnes this year from the 8.7 million of 2010 to take more coal from South Africa.

This announcement is a massive boost for ZYL as it has a rail siding running along side its South African Coal deposit that links directly with Maputo Port, could lead to a increased initial coal production for the company.

Has held very well above recent resistance/now support at 9.5c with multiple 500k buyers stepping up every time it dipped to this level, certainly looks likely to head above 10c soon.

UXA - must be getting very close to those uranium/hree results from the N.T, have seen a few traders booking profits in recent sessions, will likely need positive results to spark interests again.

some others showing decent volume recently worth keepin an eye on include CEO,EIO,VOR,LEG,ZRL.