VKA given that big supply bar to the left, if it doesnt have any near term catalysts i suspect it will pull back and test that 1.1 cent area for support, maybe a buying opportunity here for a bounce trade ?
POW : Not to sure what to make of this one, seems to be well supported on the bid and with the sub holder flip flopping around im not sure. Seemed odd for them buy it up relatively aggressively in August, for them to recently cease to become a sub holder. One could argue something was in the works, but as failed to materialize ?
Not much selling tho, so may just sit at this level until a news event ?
Disclaimer
1. I dont know if there are any fundamental catalysts due
2. I havent been watching the price action, which can tell you just as much as if not more than the chart.
Cheers
- Forums
- ASX - Day Trading
- Afternoon trading September 17
Afternoon trading September 17, page-171
-
- There are more pages in this discussion • 190 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
SPONSORED BY The Market Online