Morning All
Few charts before i head off to find @taughtbuffet lying in a ditch somewhere from his last night party rave. Uber at you're service...
BIT : Gonna be an interesting day, will be looking for an entry below 10 or probably give it a miss. Will see how the action unfolds
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CI1 : Bounced off critical support, may offer something ?
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CT1 : Accumulation is strong in this one, something brewing here WL
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DEG : Monster action yesterday, will be watching with interest, hopefully we see a pull back first.
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HIP : Accumulation continues. Acquisition would appear imminent. In for the ride on the oppies. HIPOA Exercise price 2 cents. Any deal here will see these multi bag IMO. Cracking chart poised for a break, if it does and volume enters that should be the smoke signal IMO
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HSC : Huge volume soak. Could be a break out candidate soon, few targets on the chart once it clears current area
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LSR : Big volume yesterday, assays imminent, and some nice wording from the chairmans address from Vango 2 days back. ST targets of 1.4 then 1.7. Golden cross forming on the daily = bullish
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TNT : Swing low in a few sessions ago, one to watch for a continued move north
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UCM : Reckon we are going to see a market update very soon, its worth paying attention to the detail in the quarterly report. Most notably within the first week of January they had a rush of sales after a few contract negotiations were sorted out. $400k worth of sales in 1 week, corona virus wasnt really on the radar then, doing the numbers based on the growth rate of corona virus, we could potentially see sales groth here of another $1.2-1.5 million for the last 3 weeks of Jan. Its all ready been stated in the quarterly that these sales would put the company in a cash flow positive position for this reporting period. Reckon those profits are going to soar.
Anyways nice pull back yesterday met with strong buying support and a strong close. News today, or Monday latest IMO
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Cheers all
GL
V
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