Short Term Trading - Week Starting: 10 Aug, page-272

  1. 24,192 Posts.
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    Heres how the Tip Finder program works ...

    Step 1: It removes all non text characters in the 1st line of post (by text I mean A-Z a-z, 0-9, ie removes comma's, Slashes and spaces etc etc )

    So STTCOMP AUQ, FA Long ... becomes STTCOMPAUQFALong

    Step 2:  If it Can't find STTCOMP on the 1st 7 characters of the post  it rejects it as a TIP ...

    Step 3: It then looks for the Ticker in position 8 for 3 characters

    Step 4: and trades type (FA or TA) in Position 11 for 2 Character  etc etc

    And So on


    To avoid confusion its best to stick exactly to the format I have given in the samples

    Sample FA (Fundamental Analysis) Entry:-

    STTCOMP CBX, FA Long

    Bauxite Explorer in Queensland and WA

    Market Cap $5m, Cash $1.5m.  
    Top 5 shareholders hold 80% so very tightly held Fallen from grace last year after its lead Bauxite project Pisolite Hills which was moving towards production and had offtake agreements in place was placed in a mining ban area. Company is pushing ahead with its secondary project Bauxite Hills which is fairly advanced and has a PFS already.  Company has the support and backing of major shareholder MTE who has pledged to use its cash reserves to assist in project development. Given the huge rerating of QBL over the past few weeks and the many similarities the 2 companies seem to share, similar tight share structures, favorable locations to port and infrastructure, shallow near surface deposits amenable to free digging and so low cost mining and extraction. CBX might be well positioned for a large rerating too

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    Sample TA (Technical/Chart Analysis) Entry:-

    STTCOMP MNW, TA Short   

    Global mobile payment and transaction processing Perth WA

    Market Cap $12m Cash $3.4m
    The share price increased from 7.6 to a high of 9.8 (28.9%) yesterday after the announcement and then closed at 8.8 (15.8% up). The days candle was a spinning top indicating a change in trend. Today's price action brought the sp to a close of 8.8 (19.32% up) with the sp closing on the days high, another good sign. The volume traded over the last two days is quite high. The momentum indicators are also perking up and trending upwards. As the share price has been in a downtrend the RSI is only at 40.9 so the sp has a way to go before it becomes overbought. The sp has not yet crossed the resistance line of the main downtrend but I'm sure the very high volume traded will push it through.

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    cheers FH
    Last edited by Freehold: 20/08/15
 
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