short term trading - week starting 12th nov

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    Weekly Fundamental and Technical Analysis Prospects - Week Starting 12th Nov 2012 (No. 41)

    Here’s this week’s FA and TA List. The newer items first and those carried forward from last week towards back of list (some of the items from last week have a time horizon of more that one week).
    All listed market caps are undiluted and were correct at time of posting (Note: Max time for any entry on list will be 4 weeks after which time it will be removed).

    Important Note: Remember just because it appears on the list does not necessarily mean it will rise in price... it may actually fall or do nothing. So it is critical that you perform detailed research on each stock first and make your own mind up to whether invest or not. I suggest you run a stop-loss at all times when trading/investing. How tight your stops are depends on your threshold to risk and financial pain. Lastly I take no responsibility for the accuracy of the information provided as I do not have the time to research all the facts that have been provided. Best of Luck.!


    Weekly Fundamental Analysis Prospects
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    MOY - Gold in WA, Are about to start earning money with ramp up to full production due to occur this month, news of which should be quite market sensitive as it de-risks the stock and brings it up to be compared to its new more expensive gold-producing peers. (Mcap:$122.2m) Click Here for full detail
    Spotted by: LouiseT Date: 6/11/2012

    GGG - Rare Earth Elements in Greenland, Largest REE deposit outside of China, plus Uranium. PFS completed with $4 billion NPV, vs. current market cap <$200m. Greenland may overturn it's zero tolerance uranium mining policy CEO has been buying shares on market. Some media discussion on Govt lifting ban. . (Mcap:$133.3m) Click Here for full detail
    Spotted by: Umizoomi Date: 7/11/2012

    MKE - Oil and Gas in Canada, Numerous media reports of a white hot M&A environment in the Canadian O&G sector which management have proved adept at extracting deals from. Majors are drilling in close proximity to all MKE lands and have been unusually coy regarding results. (Mcap:$21.7m) Click Here for full detail
    Spotted by: V8 Date: 7/11/2012

    EQH - Iron Ore in West Africa, Major shareholders & its CEO, Colin Ikin, & parties associated with him relinquished their 20% free carried interest and royalty in the Oyabi iron ore license in the Republic of Congo. To me it is the precursor to something big going on in the background which will be revealed sooner rather than later.• It has been flagged in past reports that the results of their aeromag survey flown in January are imminent. If the results are positive & there is an exploration target attached to the report it could be short term price sensitive.. (Mcap:$11.4m) Click Here for full detail
    Spotted by: Tukebay Date: 12/11/2012

    VRX - Copper in WA Mid west, JORC just completed. Ventnor Resources is continuing drilling and expected to release further results to the market in coming weeks Scoping study due December. BFS and in fill drilling due Q1 2013. Given market sentiment of late not liking surprises, Ventnor looks the goods for some steady increases back towards $1 range from current 43c mark. (Mcap:$25.6m) Click Here for full detail
    Spotted by: BrookCE Date: 12/11/2012

    BIT - Biotech, Exploring a drug To deal with Hep c and HIV. Phase 2 human trials have just commenced for patients that are Co infected. Recent tests showed 100% positive response to those with HCV. Results will be released over the next 28 days. (Mcap:$30.8m) Click Here for full detail
    Spotted by: BrookCE Date: 12/11/2012

    PEX - Copper in NSW, Even though this has had many a spike I just think that there COULD be potential company making results at Mallee bull could be coming out of its halt this week. Results keep getting better. CBH will fund phase 2 and this is the first time a halt has been called for results, which unless I'm mistaken is an encouraging sign.
    . (Mcap:$44.2m) Click Here for full detail
    Spotted by: Galba85 Date: 5/11/2012

    PYM - Oil/Gas in US, Currently Drilling 3rd horizontal well in the AC, if they can get their completion techniques sorted excellent opportunity of a 500 to 3000 bopd IP. Oil in Louisiana attracts a $15 premium to WTI so could be incredibly profitable. . (Mcap:$20.5m) Click Here for full detail
    Spotted by: V8 Date: 5/11/2012

    AUZ - Gold in Nigeria, First mover advantage in emerging West African gold province of Nigeria, Has Large tenement package, Potential for multiple gold deposits, historic and current artisanal Gold workings within key projects areas, Experienced board leading established Nigerian-based team, Fully funded program to 2014. The Catalyst for the move will be start drill testing targets in Early November. (Mcap:$18.7m) Click Here for full detail
    Spotted by: Freehold Date: 5/11/2012


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    Weekly Technical Analysis Prospects

    AMX - Gold in Burkino Faso, RSI and MACD currently signalling the stock is ready for a short-term price reversal after some consolidation at these levels with resistance at 50c (light) and 60c (medium). This stock was 44% higher 6 weeks ago - equivalent to an 80% increase from here and there is no reason that can't happen again. (Mcap:$109.8m) Click Here for full detail
    Spotted by: LouiseT Date: 6/11/2012

    SUR - Oil/Gas in US, Australia, Malt & Thailand, Completion of successive wells in the Richlands oil Project over the next month will see Sun Oil break the shackles . Flow rates is the question here and results are due very soon . (Mcap:$138.4m) Click Here for full detail
    Spotted by: J8 Date: 6/11/2012

    MKE - Oil and Gas in Canada, Ran from 8c to 16c has since retraced to the 38.2% Fib line at 13c on no volume. appears to be bouncing off that line today after a no volume day, yesterday. Have a target of 18c which is the 61.8% fib line as well as a long standing line of resistance. (Mcap:$21.7m) Click Here for full detail
    Spotted by: V8 Date: 7/11/2012

    PEX - Copper in WA, PEX has formed an ascending triangle if you check out the monthly chart. Breakout at 45c to confirm. But the pattern looks awesome. Had to put this simple chart together at work. (Mcap:$44.2m) Click Here for full detail
    Spotted by: Adrunis84 Date: 7/11/2012

    SWK - Mining Services, broke the 200MA beautiful chart with classic retrace taking place, wave 1 completed, look for entry at 30c. strong support around the 29c mark.. (Mcap:$76.1m) Click Here for full detail
    Spotted by: Shikapat Date: 7/11/2012

    BRU (Short)- Oil and Gas in WA, Double head and shoulders penetrated break line Monday 5th Nov which was also a break of the 200 dema after a previous retest in the start of Sept. Last 2 months trading has formed a broad triple top with bearish divergence. Last 4 days trading I believe has been the final death roll finishing with rejection from the 35 dema on Thurs and Fri closing at $2.77. (Mcap:$695.4m) Click Here for full detail
    Spotted by: Pilsner Date: 12/11/2012

    AVB (Short)- Copper in Brazil, Historically this stock is particularly susceptible to general market weakness. A break down to, and a close @ 10c should signal the end of the rally and further selling likely to occur. (Mcap:$128.1m) Click Here for full detail
    Spotted by: Freehold Date: 12/11/2012

    RMR - Au Copper Nickel in WA's SE, In the process of forming a base in the 0.003 and 0.004 area. Once the Buyers trapped by the recent spike and sudden retrace at 0.004 and above have been absorbed by new buyers this stock will quickly rise to retest the 0.006 recent high and above IMHO. Early warning sign will be to watch the size of the sellers on queue at 0.004 suddenly diminish below that of the buyers at 0.003. . (Mcap:$3.9m) Click Here for full detail
    Spotted by: Freehold Date: 5/11/2012

    SGQ - Nickel in WA, Looking at the chart it's clear now we are in a more extended retrace than the previous set of measured moves that happened over the last 6 weeks. It looks to me like it could be getting ready to define a long term uptrend. With a number of important fib and SAR levels in the vicinity of a potential trend line and a longer period of falling volume (coupled with a temporary lull in the news flow). Anywhere in the 20-23c range looks like a very likely candidate for a bottom.. (Mcap:$13.2m) Click Here for full detail
    Spotted by: Shadders Date: 5/11/2012

    SRM - Copper/Gold in Philippines, Symmetrical triangle on the monthly (I used 30min chart): Feel this will breakout big time with a target of 45c in the medium term and upwards of 55c if it can hit the 61% fib. poked its nose above the breakout zone today, a green day + volume Monday could see this go up quickly. (Mcap:$65.2m) Click Here for full detail
    Spotted by: Nilhilism Date: 5/11/2012


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    Links to Previous Weeks Lists

    No.40: Short Term FA & TA Leads (5th - 9th Nov) Click HERE

    No.39: Short Term FA & TA Leads (29th Oct - 2nd Nov) - Click HERE

    No.38: Short Term FA & TA Leads (22nd - 26th Oct) - Click HERE

    No.37: Short Term FA & TA Leads (15th - 19th Oct) - Click HERE


 
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