XAO 0.56% 7,942.0 all ordinaries

PCK was that @UmiTrader that tipped that off too us? He was...

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    PCK was that @UmiTrader that tipped that off too us? He was tipping that off since god knows how cheap and how many bags he is on lol. Super pleasing to me when I see a guy tip something off over and over
    with crazy conviction and watch it multibag over months.

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    Anyways, here are some charts:

    PCK
    Since we are talking on it, might be worth watching for a quiet inside day. Holding gains nicely. Reminds me of something rolly told me for position trading (paraphrasing here) "a stock after making significant gains [100%+ etc.] has no right to stay up there over prolonged period unless its being well supported by pro's and instos"
    https://hotcopper.com.au/data/attachments/1683/1683961-836895a0f23fc5be2b1f5ed85fa070a0.jpg

    UWL
    I took some today. Small parcel as i still think its early days. Usually my criteria for technical entry is simple; Price, Volume, Shape/Structure. This one has right shape, decent volume signature but price move is not there just yet. Its just that third pop I'm waiting for to go in properly. Another one holding its 900% run gains tremendously. Shape was too good to resist a pilot, reminds me of the exact "SOT" setup. Shortening of thrust - example below the chart.
    https://hotcopper.com.au/data/attachments/1683/1683968-5b9e116f91c01d4e4ab8c8edf0690b86.jpg
    https://hotcopper.com.au/data/attachments/1683/1683985-d971285d8f0b126cee52dc14c46190a4.jpg



    ALK
    It popped very nicely on previous session on friday, today took a clobbering. At support now so worth watching if it can reverse which will be an even greater sign of strength either that or it'll just fall through this 39-40 level.
    I hold this simply as a trade war hedge. Advanced REE project and Gold Producer. Any advancement in tradewars from China will see money flow right into REE and Gold even more.
    https://hotcopper.com.au/data/attachments/1683/1683976-9e7e119c3ca461223bfd6cfa6c4e59fa.jpg

    ADT
    At critical stage. Do or Die?
    https://hotcopper.com.au/data/attachments/1683/1683986-cecf9493d7ef458bce120ddc16c8d08e.jpg

    M7T
    Early days here. Will take a bit more time to soak out if it would like to put on a major move. But holding okay thus far.
    https://hotcopper.com.au/data/attachments/1683/1683990-67790e891b84ba535d765eb0bc58859b.jpg

    NML
    Also early days but just on WL in case.
    https://hotcopper.com.au/data/attachments/1683/1683991-cef5c8404e2a20e3fa46ad222fa4640e.jpg

    ----------------------------------------------------------------------------------

    As for fundamental holdings of mine.

    MSE - My second shell coming out of halt tomorrow for acquisition. Excited given how OVL has gone to date which was the first shell of mine to get out of slumber. Will apply same strategy here too, if I like the project will add onto position.
    Downside is I was a bit of a mug and bought at almost market peak in 2018 and averaged down. So my average is like 1.2-1.3 which is quite poor tbh. I guess I deserve it for thinking it was smart to buy a $6M shell and thinking it could hold up through a falling market.

    BSX - Fundamental thoughts here https://hotcopper.com.au/threads/ann-blackstone-intersects-45m-1-2-nickel-sulfides.4894657/page-37?post_id=39952971
    Nickel price holding up nicely currently, if it continues moving up should bring BSX into the spotlight even more. Might need a little soaking but once it breaks 0.13 should really get a move on.
    https://hotcopper.com.au/data/attachments/1684/1684006-920e87d51e0fcec22e54d53c50258427.jpg

    SIS - Will try tip this in STTComp near future. Chart tbh looks decent along with Fundamentals. Very little selling happening so far as seen by those red inside days. Break into 0.07 zone and it has potential to multibag (at least according to my notes lol).https://hotcopper.com.au/data/attachments/1684/1684008-86bad08162dbfbd9bf71fba5fe91c412.jpg

    CR1 - I've just been quietly adding to my position here. Its my third and last shell, and I'm hoping they can get a vend over next 3-5months. One of the best teams out there.

    Anyways hope everyone has a good week.
 
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