It's called the "Hot Copper paid ad formation". It's not in...

It's called the "Hot Copper paid ad formation". It's not in charting books, but it should be.

It goes something like this: Paid add at or before the open - price goes up a bit until around 11am - then price drifts - then price gets smashed at around 3pm. It's probably the most reliable formation I know of. Usually works on small stocks on very low volume.

Still worth keeping this one in the sock draw though. You only need a few of them to come good to make $$. Vanadium is up quite a bit since the tenement was abandoned. There could be money in it. The AVZ tenement was effectively abandoned by someone else - and now it's the biggest hard rock Li deposit in the world. We could get lucky on this one.