daytrades jan 28 morning ..., page-4

Morning all,

Some that I'm watching today:

RUM had strong volume and strong buying yesterday. Also had a very strong close. Great looking open today. Am looking at the repeating ranges to see if they complete here. ST target is 45c for the complete.



MNM had a strong day yesterday and is continuing its march back to recent highs. Stochs have resumed their march north and are still only about half way up. I'd expect more northward movement in the coming days.



AKM looks to have bounced off 50% fib retracement on Wednesday. Stochs are also starting to turn. I expect to see it back at 80c+ in the coming days.



PRR has now twice bounced off the 38.2% fib retracement level and closed strongly each day. The stochs have turned up nicely



RER still looks good to me and I will probably buy into it today. Stochs have turned up and I've seen a few days now of tight range and very low volume. Getting in at 1.8c - 2.0c is a good entry IMO. Will see how it goes.



EXR is an interesting one because I've been watching it for a while now. The yellow bars on the below chart are my "Absolutely do not buy this stock on this day" indicator. Interesting to see that it's retraced back to the 50% fib level and that the stochs are reaching low. It would not surprise me to see it retrace further to the 61.8 level but I'd expect a large bounce when it does finally turn back up. Watching with interest.



CEO filled the gap yesterday and also happpened to hit the 50% fib retracement from recent low. I would expect it to hit new highs during the coming week.



There are a few others on the radar, but will see what action takes place today.

As always, DYOR.