Day Trading Pre Open - 24 October 2018, page-6

  1. 48,997 Posts.
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    Thanks @Cleo
    Morning All
    Couple of charts for today

    ANP Turned into a bit of a disaster once the behemoth that is BD1 stole the show for pretty much everything. Looked like money exited from here quickly to move elsewhere. Probably avoid trading this stock until it finds its low.

    ANP.png

    AOW Some pretty crazy action on this one, reload buyer @ 2.8 for quite a while then bam. Indicators look like they are about to cross, i think a bigger move is on the cards ST

    AOW.png

    BD1 Not much to say about this chart really other than wow! Supply to the left get the heck out of my way ! Sure will be an interesting day

    BD1.png

    BLT Another in the market for HIV/AIDS alongside BIT got a bit of attention today, has based for the last couple of months and popped up above inital resistance. Someone was mopping up anything available on the Chi-X in the action up to 20.5. Could have a potential runner here.

    BLT.png

    CZL SPP Should be completed now, buying under the SPP should be easy money if they got fully subscribed. Guess we will need to wait for the news on this one. One for the WL

    CZL.png

    FOD Pennant still in play here, weird stock at the mo behaving nicely within the pennant. Most def some accumulation going on here, a news event before the end of the week would be perfect.

    FOD.png

    GTG Another interesting mover yesterday, dont particularly like this stock, but if its moving and offering a spread. Then whatever ! Be interesting to see if it can break 1.5 today

    GTG.png

    JAT Just when it looked like it might reverse off the 61.8 fib it got the smack down on some pretty ugly selling, closing near its low. Likely to test that 50 percent fin today

    JAT.png

    MXC Probably looks a little worse than the candle suggests there was alot of stock absorbed between 5.9 and 6.1 yesterday, but as usual got the manipulation treatment in the auction. Should pop back up tomorrow. Needs to break 6.2

    MXC.png

    Cheers all



    Hope you have a profitable day !
 
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