Morning All,
Well another great night in the US. The charts are looking mighty fine, but all seems too good to be true.. When its like that, it more then likely is (I've learnt that in my past experiences and wont ever allow it again)...
Gold was pushed down overnight to the
$900us/oz mark, though its now in the position where it could bounce, and the safe haven play could be rewarding for any one who is willing to accumulate gold stocks while they are weak..
Stocks I will be following today include BEC, BPT, TOE, GJT, HFA, ALS, ETC, BBI, ROC, VPE and TOE
I managed to pick up a few BBI yesterday a little higher then I liked, though picked up a few more at 6.4c before close. An interesting post from Dargie this morning on the BBI thread and looking at the stacks change gives me the impression we might be in for a solid run today. Closed @ 6.4c yesterday, IAP now 6.7c.. I have a short term target of 8cin mind. Here is my chart.
Also I will be buying Toro Energy (TOE). Here is the chart. Closed @ 13c yesterday with some big buys. Volume also suggests that something is going on. I bought some @ 12.5c yesterday, to sell them not long after @ 13c.. Idiot I am.. Im back in as of this morning, with a target of around the 18c mark. I think this could easily be achieved looking at the chart.
Good luck today guys!
Cheers
Kevi
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