daytrades october 13 pre-market, page-19

Morning Traders,

Glad I topped up on a few of the oversold yesterday.

In the theme of sticking to the ones you know:

AZZ - top close on Monday but didn't come through with the goods yesterday and maybe due to the market sell-off. She could consolidate around the mid 50s for a while before next leg up. Will just watch for now.

NTU - nice announcement yesterday re Browns Range HREE and wasnt expecting any news on this until later in the year. Drilling at the Gardiner Tanami Project in a week or so and with the recent allotment of shares I'm guessing they'll be pumping this one much further. Chart looking very rosy and could well move north with the rest of the market this morning. ST target of 36c.

MNC - They recently bought up the remainder of their massive 900MT copper/molybdenum prospect in Peru for an issue at 24c per share (plus cash) at 27c this stock has much further to go IMO. Nice BRR interview yesterday and the chart looks set for a breakout (ignore yesterday's performance IMO due to market sell-off) with next level of resistance at 38c.

SDL - bought more in the closing auction yesterday hoping she doesn't retrace much further. Also feel yesterday's performance was a reaction to the ASX sell-off. Possible cup and handle in play on the charts and looking for a bounce today.

Still holding plenty of cash at these levels.

:)