Morning all
Couple of quick charts, need to run some eruns, hopefully be back with some more soon
AQX : Pushed off that support zone yesterday on some good volume, bit smokey ? Lets see
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CI1 : Coming support, needs some volume to push up here, one to watch
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CT1 : Nice break of the ascending triangle on the daily, speedo yesterday and a relatively calm response to the previous days volume, holding its break nicely. Maybe more to it than meets the eye ?
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SE1 : Should be ready for a reversal now, seller looked exhausted all arvo, putting in a higher low yesterday, pull back was on relatively light volume. Convertible note issue at 3 cents per share. A break of 2.2/2.3 may see this trade back to around this price point
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UCM : Big buyer on open, pulled back and closed the gap yesterday. Been flying under the radar big time. Not any more. Highest volume day ever yesterday, very small free float. Worth some reading up on before the market opens and why this stock is about to go on a mega run, only just the beginning. Slim pickings yesterday especially towards the end of the day.
This post is worth a read
https://hotcopper.com.au/posts/42732604/single
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Break that resistance area to the left, will run, no real supply to contend with should be a day traders paradise of the likes of ZNO.
ST/MT target 75 cents.
Cheers all
GL
V
