Day Trading 2 Aug Pre Market, page-49

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    Well seems like most of the specs are being pumped and dumped and so hard to day trade with full confidence. Mostly turning towards short term trades and some even for MT-LT.

    NSL/NSLO, GPH/GPHO,SYA/SYAO,ARE,AAJ - All looking good at current price with strong possibilities to move up.

    MOX - Almost ready as supply and accumulation should be over around 1.6-1.7c and so first break out shall appear from 2c.

    Most potential ST candidates RNU/RNUO - Been posting charts & TA since 3c range and still looking strong.
    Broken through 2 years high and most likely continue to the trend on back of upcoming drilling results.
    7c ST target is possible within a week or two or even earlier.

    RNU.png

    From 21st July Announcement:
    DRILLING RECOMMENCES AT AUSTRALIA’S LARGEST GRAPHITE RESOURCE • Drilling has recommenced at Renascor’s Arno Graphite Project in South Australia’s Eyre Peninsula • A reverse circulation program of up to 3,000m will target shallow, high-grade graphite at the Siviour Graphite Deposit, Australia’s largest reported graphite Mineral Resource • Drilling will include testing of recently identified high conductivity anomalies that display significantly greater conductive response than areas within the Indicated Resource • The increased conductivity of these newly identified zones suggests high potential to locate highergrade and thicker zones of graphite and upgrade the grade or contained graphite tonnage of the Siviour Mineral Resource • Drilling is expected to continue through early August, with assay results available approximately two to three weeks thereafter
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