Day Trading Pre Opeb - 21 March 2018, page-4

Some of my thoughts for today and into the remainder of the week;

JAT closed above the pennant and should continue to build from here over the coming days.




VEC broke through the pennant after bouncing off the long term support trend line on some good buying volume. Might have a few pips in it today.




HNR couldn’t break through the resistance at 0.023 yesterday and looks set now to follow down to ~0.018 which will act as support based on the 78.6% Fib line as well as the long term upward trend channel.




NOR filled the gap at 0.012 yesterday, which coincides with the recent cap raising price. Revenue announcements desperately needed but possibly worth a buy at these levels.




VIC filled the gap at 0.016 yesterday and found good buying in the auction to lift it back to 0.017. Should be ready to continue on with run following breakout of pennant.





Others worth looking at today include BLK (after it managed to hold support at 0.080 yesterday - this gold producer is shooting the lights out so far in 2018. March production numbers should be impressive), CLA, SYA, and N27.

Happy trading.