daytrade diaries... november 13, page-31

  1. 271 Posts.
    Good morning traders.

    Stocks I am watching today are:

    OBJ - I think it has been oversold, 2.6c, was the price it was before the annoucement with 3M. But saying that there is a lot of fear at the moment, and traders jumping out. I think if it can get up to 2.8c, we could see a lot of people rushing in to buy more. I think a lot of people are waiting on the sidelines saying lets see how low this will go. Only positive at the moment with OBJ, is the sell side to the high 3c range has thinned considerably. But I think we need to see some strong volume to see this push back over 3c and then continue upwards.

    GOA - Looks like it will open at around 4.8c, good annoucement yesterday, GOA has enough cash to take it to gold production, I think this could run up quickly as buyers are queing to get in below 5c. Worth watching.

    BCC - I think if this can gap up to around 8.5c again, it could run up quickly past 9c. We all know how undervalued the company is at this level. Will be watching which way this moves on the open.

    have a great day.

    regards,

    David
 
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