Today is going to be an interesting day, will be watching the following stocks CFU, SLR, GXY, CAH, BBI, UMC, ARU, TSM, ORE, AMX and BGD
Of the list above there were a few stand out stocks yesterday which I feel were stronger then the overall market into close.
The first stock which I feel has more gains to come short term is Boulder Steel (BGD). Retraced yesterday to 8.7c after hitting 10.5c in early trade after the MOU announcement. In the last 30 minutes of trade we saw solid buying with a close of 10c.
Here is the chart. It managed to close above the recent resistance. Looking at the longer term chart, I suspect 12-15c could be achieved today. Im looking forward to further news regarding this MOU, though with what they announced yesterday it certainly sounds positive.
Good luck today, I think it might be a tough day trading many of the stocks we normally look at.
