Short Term Trading Week starting: 13th Mar, page-12

Weekly Technical Analysis Prospects

LSR - Gold Explorer [13/03/2017]
LSR - Lodestar Minerals MC - $4.5 Mill Cash - $1.2 Mill Note director loan SOI - 450m SP $0.011 Has been in a sideways basing consolidation range of 0.8c to 1.1c and is setting up for a protetial breakout. Prospect of a cheap capital raising has been weighing on the stock but this was removed Friday with a Director agreeeing to loan the company a further $1.2m. Some gaps on the chart that need filling up to 2c and then much higher back up at 6c My first target is 2c on some good news to come following this loan [?IMG] I am not a financial adviser so please DYOR and check the facts and figures for yourself 12
Poster: strauss (STT Accuracy: 53.1% - Ranking No.14 )
http://hotcopper.com.au/posts/23271005/single (Mcap: $5m)


ESE - Cannabis [13/03/2017]
MC: $20 mill Price: $0.355 Today a bearish hammer candlestick pattern was formed at yesterday's resistance level and is what I am basing this tip on, despite liking the fundamentals. I think that ESE has timed their listing well considering their first product is cannabis terpenes. However, despite having their first (and only) order in place the manufacturing process has yet to be scaled up to the point where the order can be filled and they don't have their own manufacturing facility. The company needs a bit more time to show it's hand IMO. Twitter: @GreenX_HC [?IMG] 10
Poster: Green X (STT Accuracy: 31.1% - Ranking No.40 )
http://hotcopper.com.au/posts/23262992/single (Mcap: $22m)


NEU - Pharmaceuticals [13/03/2017]
Neuren Pharmaceuticals Limited - AU, NZ, US Market Cap - $143 Cash - $5.051m SOI - 1,791,929,015 SP - 7.9c NEU have two key drugs, one for Rett syndrome, and the other for Frgile X syndrome. The key milestone that should be in the next week is as follows. Milestone.jpg The results have been 2 years in the making, and are really a company maker or breaker. The drug has been proven for safety, but if the result proves well in terms of efficacy, then it could trigger a re rate for the company.
Poster: Ckeenan (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/23259620/single (Mcap: $145.5m)


NEU - Pharmaceuticals [13/03/2017]
Neuren Pharmaceuticals Limited - AU, NZ, US Market Cap - $143 Cash - $5.051m SOI - 1,791,929,015 SP - 7.9c After hitting previous support at 6.8c the SP bounced on increased volume. The following charts show the 1 month, 3 month and 1 year time frames. On all time frames the MACD has crossed up. The next resistance is 9c, which was touched earlier in the week, but failed to break. After that there is a large gap in the chart up. With increasing volume and the current set up, if 9c is broken it is expected that gap could be filled and the SP move up from there. 1 month 1 month.jpg 3 month 3 month.jpg 1 Year 1 year.jpg 13
Poster: Ckeenan (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/23259389/single (Mcap: $145.5m)


CXO - Lithium in NT [10/03/2017]
Core Exploration Market Cap: $28M Last price: 0.072c SP has been ranging sideways throughout the wet season for Darwin. With the end of the wet season approaching (April sees a decent drop off in rain volume compared to March), I am expecting this to start heading back north.Upcoming catalysts: Zola/Ringwood drilling/DSO results. (Doesn't have todays candle - Sorry ProRealTime taking it's time updating) CXO Tip.png Late Dec - SP found support in 6-7c region - Drop off in volume - Two large spread green candles highlighted - Both occured on low volume (Lack of overhead supply). This preceded a move higher Feb/March - Small, consistent bot trading pushing down the price - Found support on high 6c region - 6-7c region low volume - Grants announcement (2/3/17) - Somewhat negative announcement. Although large spread, low volume considering - Darwin Port Announcement (7/3/17) - Low volume, large spread (Lack of overhead supply), past two days have been indecision days. Expecting this to possibly start heading north in the lead up to April (End of wet season)
Poster: Krayz23 (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/23227889/single (Mcap: $26.5m)


AC8 - Health Medical Cannabis [10/03/2017]
AusCann Group Market Cap: $59M Last price: 0.695c - SP looks to have gone parabolic on increasing volume/spread - Todays upper wick/high volume suggests hidden selling imo, similar to large volume/upper wick on 24/2/17 - Almost identical set up to so many recent high flyers who increase in volume/spread, large gap up on huge volume. Then get smashed soon after (E.g. SAS). AC8 Tip.png 10
Poster: Krayz23 (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/23228681/single (Mcap: $151.4m)


QBL - Cannabis, Bauxite Explorer in QLD [9/03/2017]
QBL - Queensland Bauxite Limited Acquring controlling stake in Medical Cannabis Ltd Market Cap: $13.6M Last price: 1.1c 2017-03-08 QBL Daily Chart EW w Annotations.png QBL increased by 37.5% today . It looks like the share price is travelling in an Elliott Wave formation and the next wave will be downward. QBL completed a wave 1 when it traveled from 0.6 to 0.9c . It then retraced by a Fib 61.8% retrace to complete wave 2. It has since extended by 161.8% of that Wave 1 move. As the share price is commencing the EW pattern, I think that the current share price may be near its short term high. If the share price does start to descend then it could go to about 0.8c. RSI on the daily chart is currently overbought with a value of 80, and the RSI on the weekly chart is nearing overbought territory with a value of 69. This may be an indicator of a trend change. This stock has a lot of potential entering the medical cannabis business but i think it will retrace before it booms. 12
Poster: Ibza (STT Accuracy: 45.2% - Ranking No.24 )
http://hotcopper.com.au/posts/23198924/single (Mcap: $14.8m)


CPH - Medical Cannabis [9/03/2017]
CPH - Creso Pharma Ltd Medical cannabis Market Cap: $19.6M Last price: 46.5c 2017-03-08 CPH Daily Chart - 261.8% extension.png CPH has gone for quite a run over the past few weeks. It has currently extended by Fib 261.8% of the first waves and could start a downtrend. RSI is extremely overbought on the daily chart with a value of 87. It is also overbought on the weekly chart with a value of 73. A sign of a possible trend change.
Poster: Ibza (STT Accuracy: 45.2% - Ranking No.24 )
http://hotcopper.com.au/posts/23200832/single (Mcap: $17.9m)


SWJ - Gold explorer/producer in South Africa and Australia [8/03/2017]
Ascending triangle breakout on healthy volume - volume suddenly picked up in July and hasn't stopped since. This weeks candle is still young and showing significant follow through volume. Untitled.jpg
Poster: Timmmmmbo (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/23170463/single (Mcap: $42m)


MEB - Health - diagnosis of mental health disorders [8/03/2017]
MC: $46 mill Price: $0.325 Cash in bank: $18 million Medibio (MEB) is developing products to diagnose depression/anxiety/stress based on heart rate patterns recorded during sleep. A hammer pattern was formed at the end of last week and may be signalling a bullish trend reversal. RSI is touching on oversold. Radio silence from the company seems to have caused a shakeout of weak holders over the past few months leading to a selling climax last week. With so much supply having been removed any positive news may see this stock rally hard. Company announcements expected this month include: completing a study into their stress product; completion of a depression exploratory study and commencement of a confirmatory study to support an FDA submission in H2 2017. upload_2017-3-7_11-58-13.png Twitter: @GreenX_HC [?IMG] 11
Poster: Green X (STT Accuracy: 31.1% - Ranking No.40 )
http://hotcopper.com.au/posts/23151839/single (Mcap: $47.5m)


BMT - Gold and Base Metals in WA [8/03/2017]
Berkut Minerals SOI: 37.6m SP: 0.32.5 MC: 12.2m Cash: 4m The BMT chart appears to be forming a Volatility Contraction Pattern (VCP) whereby there is a successive reduction in the peaks and troughs from left to right, in this case relating to the daily closing prices. We can see that after the high close on the 9/2 at 34.5c there is a pullback of approximately 25% to the low close of 26.5c on the 14/2, with a reduction in volumes towards the low. The SP then peaked again at a high close of 32c on the 24/2 before another progressive reduction in volumes towards the low close of 28c on the 2/3, a pullback of 12.5%. The SP appears to be currently moving towards another peak, which may be followed by one or more, even lower volume, smaller percentage pullbacks, exhausting supply at lower prices and signifying that the base has been completed, OR possible high volume on the right side of the second contraction may be enough for the SP to break out of this pattern. Draw your own conclusions. BMTchartMarch17.PNG information and influence are inextricably intertwined 11
Poster: Bollingenuity (STT Accuracy: 47.6% - Ranking No.22 )
http://hotcopper.com.au/posts/23156591/single (Mcap: $9.1m)


MLS - Zinc in WA and Lithium in Canada [7/03/2017]
Current SP: $0.009/0.010 MC: $9.18M Cash: Approx. $497k as of 31/12/2016 MLS is showing a positive volume at 0.010 price level chart is showing a possible reversal, read its ann and I believe immediate newsflow is imminent worth a tipping MLS.PNG Hope is not a strategy 17
Poster: Waiting4Godot (STT Accuracy: 36.6% - Ranking No.30 )
http://hotcopper.com.au/posts/23128913/single (Mcap: $10.5m)