Morning all,
Two stocks that were a stand out yesterday IMHO were Linc Energy (LNC) and Hillgrove Resources (HGO).
Linc Energy (LNC) had a very strong close as I suspected closing at $2.68. Its been consolidating nicely under the $2.60 mark the past few days with what looked like accumulation. Yesterdays volume was enough to see a spike and a break of the short term trend channel. Next test will be around the $2.85 market before it looks at the heavy resistance of $3.00.
Hillgrove Resources (HGO) - had a super run yesterday with some large volumes going through at the 34 and 34.5c level. Unfortunate close @ 33.5c, however it was forced by the match out more then likely on purpose.
Here is both the daily and weekly. A few resistance levels ahead (namly 36c), though the volume seems significant enough to push though that level. I also believe that there was some sort of report out on Hillgrove the past few days giving it a decent val somewhere around 75c. (correct me if im wrong).
A few other stocks too look out for today include BTA, CSS, PYC, and AIV
Cheers and good luck today.
Kevi
