great one/two morning punch once again HLL/Barnsty
looks like another good day ahead for trading thanks to yet another advance in the US overnight, some really good economic data with jobless claims/retail sales and ISM all exceeding expectations.
some stocks i'm holding/keeping an eye on:
VOR - it was a traditional pump/push move yesterday with it clear fairly early that it would be pumped into the close to hold above 10c and pushing higher in the morning, will be looking to exit my holding into any strength this morning.
FMS - will it finally break above the resistance at 21.5c, volume has been good recently and it is likely to run nicely if it can get over the hump.
ZYL - African coal play close to infrastructure, excellent volume yesterday and very well bid this morning, chart looks excellent, on the weekly it looks likely to break out of a rounding bottom formation this morning with a possible target of 18c.
Kevi have you had another look at ZYL recently a couple of weeks ago you had a short term target of 13c?
WHN - have done really well trading the ranges here buying around 2.6-2.7c and selling when momentum stalls, one question is that now a major holder has announced an increased holding will he stop buying and momentum could stall again.
FMJ - in here between 39-42c very interesting story and could be something very special if they can pull of this "world class Potash deal" from the article in the Herald the other day it seems that the deal includes currently producing mines, one only has to look at STB to see how much the market likes a good Potash story.
RAD - has huge iron ore targets reminds me a lot of the early days of YML/BRM a lot will depend obviously on advancement of exploration but will also require some luck to become the next iron ore market darling.
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