Weekly Fundamental and Technical Analysis Prospects - Week...

Weekly Fundamental and Technical Analysis Prospects - Week Starting 17th May 2015 (No. 166)

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 do not include escrowed shares) (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

QFX - Online Video Rental [18/05/2015]
MC$3m EV Cash $1.3 mill Quickflix Limited is an Australian online movie company offering subscription to a range of movies and TV shows delivered as DVD or Blu-ray through a wide-array of smart TVs, game consoles, mobile, tablet and other popular devices in Australia and New Zealand. Total customers of 140,901, up 3%; Paying customers of 123,553, up 6% Been on life support up until latest announcement, that they will be a re-seller of Foxtels Presto Movies and TV. Got to be 100% in it this month. Patersons has a 12 month target of 2.6chttp://www.gizmodo.com.au/2015/05/quickflix-teams-up-with-foxtel-to-resell-presto
Poster: Ibuybullion (STT Accuracy: 55% - Ranking No.2 )
http://hotcopper.com.au/posts/15294598/single (Mcap: $3.6m)


ACU - Tech - micro-payments tech connecting smartphone users with charities [18/05/2015]
Activistic Limited Market cap 15 mil assuming initial trades around 10c Lists today via Acuvax shell. Disruptive micro-payments tech connecting smartphone users with charities. Huge market & blue sky potential. Raise was done at 10c, expecting some hype upon listing. U.S market alone is 300bn+ annually, Activistics first app set to launch in the UK mid year. With MBE and SMA hot, this is sure to raise interest
Poster: Third (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15284676/single (Mcap: $24.6m)


EMX - Zinc Project in northern Italy [18/05/2015]
MC: $34m Cash: $.5.7m SP: $0.056 Energia Minerals' (ASX:EMX) focus on its 100% owned Gorno Zinc Project in northern Italy is continuing apace as an expanded exploration program will start in June. Energia has granted title over the Gorno project, which saw significant quantities of developed but unmined zinc mineralisation remaining when Italian oil and gas major ENI closed the operation in 1985. There are no third party royalties other than a 1% NSR royalty payable to Berghem Mines & Tech SRL on any zinc production. Rehabilitation of historical underground workings is underway at Gorno with the objective of converting 3-5 million tonnes of an Exploration Target of 6-10 million tonnes grading 7-10% Zn + Pb into JORC resources. Gorno was mined until 1978, producing 800,000 tonnes of zinc metal contained in high quality; course grained 55-58% zinc concentrates from a recorded throughput of 6 million tonnes at a tidy 14.5% grade zinc. Resource drilling is set to start in July in preparation for the JORC resource estimate in the December quarter. Sifting through the Beramo State historical archives has paid off for Energia, identifying drill intersections of up to 27.2 metres at 11.5% Zn+Pb and 22.4 metres grading 10.2% Zn+Pb further highlight Gorno’s potential. The plan is to bring the 100% owned high-grade Gorno Zinc Project into production during 2017 and produce a high quality zinc concentrate. Energia is also with $5.7 million in cash, courtesy of a $8.1 million capital raising in 2014. The company's Carley Bore uranium project in Western Australia may be independently funded depending on deliberations regarding future work programs.
Poster: Wazza3006 (STT Accuracy: 21.4% - Ranking No.19 )
http://hotcopper.com.au/posts/15283843/single (Mcap: $32.9m)


TNG - Titanium, Vanadium & Iron resource in the Northern Territory [15/05/2015]
Market cap ~$110m @ $0.17.5c Cash $4.3M end of Q1 + $2M cash injection by Insto's - 24/4/15 + Extra cash being injected with the exercising of options that expire July 15 TNG are in final stages of preparing the DFS for the development of the multi billion dollar asset at Mt Peake - the Titanium, Vanadium & Iron resource in the Northern Territory. This week TNG announced the commencement of the TIVAN pilot test work at the CSIRO. The pilot is to run continuously for ~14days, producing the 3 strategic metals - the results of which will be used to complete the DFS. High potential exists for ‘company making’ news to flow (like a river) in the coming weeks. * Results of TIVAN pilot test work. – Mid June ….. leading to ….. * Release of DFS – ‘Mid year’ ……. Leading to ….. * Possible finance / development agreements with the likes of Hyundai Steel & Posco E&C * Likely conversions of existing MOU’s and LOI’s into binding offtake agreements with Woojin Metals, Gunvor & Global Pacific Partners. * Demerger of ‘non core ’ base metal assets into a new company - Todd River Resources …. Being voted on at an EGM on 20 May 2015. Link to latest Investor preso…. http://clients2.weblink.com.au/news/pdf\01617429.pdf
Poster: GonZoBaZooKo (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15283719/single (Mcap: $115.3m)


PSY - Tech -Photonics tech [15/05/2015]
FA Partnership to supply sensors for Quantify’s platform. Quantify Technology is pioneering Truly Intelligent Building solutions and Panorama Synergy has agreed to develop and supply a range of sensors to be included in the Quantify platform (from announcement). Quantify will list in US next quarter. Please read the announcement from today.
Poster: Trevor12 (STT Accuracy: 40.8% - Ranking No.9 )
http://hotcopper.com.au/posts/15283204/single (Mcap: $83.9m)


NGE - Oil and Gas? [15/05/2015]
Following today's trading the 2 largest shareholdings have changed hands @ 1.6 cents (the first was at a premium to the then market price). Theses being the Holdings of Buttonwood Nominees (12.8%) and CS Fourth Nominees (6.44%). Therefore someone has just bought 19.2% of the company. There are 850M shares in issue, the top 20 held 57% of the company (needed a 5M+ holding to be in it). There were only 786 accounts with over 100,000 shares in them making up 92.4% of the company. The Company had A$17.4M in cash and only had a market cap of A$11.9M @ 1.4 cents. It has further earn-in clauses with Exxon & Santos (separate transactions) which could bring in up to A$28M more + a royalty interest on future production. It also has 50% of a drilling rig & all that goes with it (mobile camp site etc) which is contracted out to someone at the moment. It has invested over $13M in the venture (the other 50% owner is one of NGE's directors). New presentation out today for viewing ( board are looking for other oil & gas projects etc) Expect to see corporate action in the days ahead, following today's trading. LOTM Current Holdings NGE, BNE, SBN, ARK, JPR & a few AZZ (was Very Overweight OGY) & high % of cash now
Poster: Last of the Mohicans (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15282922/single (Mcap: $14.4m)


ZIP - Tech - VIOP App [14/05/2015]
Long I believe ZIP is one of the best ASX tech speculative stocks in many aspects. 1. Tight registry: (73m shares) - Directors hold 18.5m, 25% - Fund holding - K2 Asset Management holds 11.9m shares, 16% - Chinese billionaire, Northshore, holds 4.2m, 2. Testing results are better than Skype & Viber: 3. Valuation: - Skype: Acquired by Microsoft for US$8.5b in 2011 - Viber: Acquired by Rakuten for US$900m in 2014 - ZIP: US$40m For Money
Poster: Accaeric© (STT Accuracy: 37% - Ranking No.13 )
http://hotcopper.com.au/posts/15272680/single (Mcap: $36.8m)


SWR - Tech - Social Media [14/05/2015]
They have just announced acquisition of social media company. Website shows reviews of restaurants, hotels, products, etc but the difference is that you need to review via your twitter, facebook, etc account so the reviewers are held to account. They also have reviewers who are social media celebrities- ie those with heaps of followers. This will blow the likes of Yelp and Tripadvisor out of the water when it gets going, as people are getting fed up with all the fake reviews out there. They have multiple avenues for revenue- booking fees, advertising, listing fees, pays per click, etc.. The SP just got smacked down by two trades in a stock which will remain illiquid fir the next couple of weeks until the deal is done and shares issued..
Poster: Captain Goodvybes (STT Accuracy: 23.3% - Ranking No.18 )
http://hotcopper.com.au/posts/15271600/single (Mcap: $1.5m)


MRF - Graphite [14/05/2015]
FA: At time of post: Price: $0.075 On Issue: 165,741,587 Market Cap: $11 mil Cash on hand: (at last quaterly $589,310) Placing 25 million shares to raise $1 mil From Todays Announcement: "MRL receives outstanding results from graphene testing" "The quality of the prepared graphene from MRL’s graphite is outstanding and comparable with the quality of graphene prepared by synthetic routes." "MRL’s graphite has very high crystalline carbon content not observed in any other previously tested graphite materials."
Poster: yourewelcome (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15270017/single (Mcap: $10.9m)


BNE - Geospatial imaging technology [13/05/2015]
Trading at 1.5c $1.5 million cash $3 million cap (will be higher post acquisition) A really good quality tech acquisition at a reasonable price. Spookfish Mark 2 In March 2014, Takor was commissioned to assist in the search for the missing flight MH370. Proprietary image analysis technology to comb through hundreds of satellite images, assessing locations of potential wreckage was featured by the Wall Street Journal and The West Australian. Acquisition price just 387 million shares plus repayment of a $260k loan - so acquisition cost is only $6 million at current BNE share price of 1.5c Gives plenty of room for BNE to move before Takor starts looking overvalued ie at 3c BNE are effectively paying $12 million, still seems reasonable If price can get and stay above 2c - very feasible - then BNE can also avoid a share consolidation
Poster: Fibonarchery© (STT Accuracy: 58.3% - Ranking No.1 )
http://hotcopper.com.au/posts/15266729/single (Mcap: $3.6m)


NXR - Mining Australia, West Africa and Guinea. Biometric technology [13/05/2015]
Biometric technology $23 million cap Trading at 12.5c $1 million cash Controls a unique technological breakthrough involving biometric based cyber-security. US Patent granted: nxrbio.PNG Full patent application: http://www.archpatent.com/applicants/"Sarver, Edwin Jay". The key to the technology is that it offers a "one-time pin". This is not something that has been possible before in biometric security - for example your fingerprints remain almost identical for life. However, the brain behind Wavefront realised, through his work as an optometrist, that not only is each individual's cornea unique, but specific microfeatures within the cornea change from moment to moment. So you are creating a unique, one time, one use, disposable pin number, quite literally in the blink of an eye! Wavefront's first targeted industry for its technology is mobile banking and funds transfers.
Poster: Fibonarchery© (STT Accuracy: 58.3% - Ranking No.1 )
http://hotcopper.com.au/posts/15266313/single (Mcap: $22.8m)


AGX - Biotech [12/05/2015]
$2.7 million cap $1.9 million cash Untouched $3 million finance facility $500k loan from directors Activities: • Exploring strategic alternatives - possible joint ventures, strategic partnerships, a reverse listing, further asset sales or other possible transactions • Maintain the Thromboview® clot diagnostic intellectual property • Engaged in licensing discussions concerning its DiagnostIQ platform ThromboView ThromboView accurately and safely detects live blood clots and pulmonary embolisms without exposing patients to the high levels of radiation and toxic imaging chemicals currently used. The global market for an accurate, effective and safe way to detect blood clots is independently estimated to be worth at least US$400 million per year. This is based on the growing annual number of deep vein thrombosis cases and tests at hospitals to detect pulmonary embolism. DiagnostIQ DiagnostIQ is used globally by Bayer Crop Science AG in agriculture to test for plant disease. Patented ‘flo-thru’ design will be further developed to allow multiple diagnostic tests to be undertaken simply and quickly on the one system. [?IMG] Agenix is open to licensing the platform to other healthcare businesses who already have the components for a human health test, but no viable point-of care testing platform. Intellectual property protection on DiagnostIQ extends to 2022, with extension of protection possible for individual tests
Poster: Fibonarchery© (STT Accuracy: 58.3% - Ranking No.1 )
http://hotcopper.com.au/posts/15258928/single (Mcap: $2m)


CKK - Australian oil and gas technology company [12/05/2015]
Coretrack Ltd (ASX: CKK) is an Australian oil and gas technology company focused on developing a next generation, fly-ash based, proppant for use in hydraulic fracturing (fracking) of oil and gas wells globally. Proppants are a major input and cost item in the fracking process and represent a multi-billion dollar global market annually. They are a sand-like commodity used to ‘prop’ open fractures in shale rocks which allows oil and gas to flow. Coretrack is seeking to commercialise its proppant as a cost effective, superior alternative to bauxite and clay based proppants, typically used in fracking operations currently. The Company is in the final stages of construction of a pilot scale proppant manufacturing plant in Queensland, Australia, and plans to commence production in Q2, 2015. It then plans to seek joint venture partners and/or licensing agreements to commercialise its proppant product, and deliver significant returns to shareholders." Brisbane pilot plant commissioned and should start manufacturing next quarter First tranche of shares paid to Ecoprop for acquisition Looking for/finalising a JV partner "The Company is in the final stages of construction of a pilot scale proppant manufacturing plant in Queensland, Australia, and plans to commence production in Q2, 2015. It then plans to seek joint venture partners and/or licensing agreements to commercialise its proppant product, and deliver significant returns to shareholders." Market cap $10.13M at $0.008 Under EAS advisory (Eddie sugar - famous for FMG, LNG, AJX and many others)
Poster: Lauban (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15258903/single (Mcap: $4.8m)


GXN - Peter Wall Shell Company [12/05/2015]
Market cap $740k @ todays close of $0.004 Cash $16,000 Last placement done at $0.003 to RM Corporate Finance 1/10th the market cap of GAL 1/6th the market cap of MOO Most similar to DUO which has a market cap of $1.5 million at $0.0015 So GXN market cap feels like it should be at least equal to DUO GXN share price at $1.5 million market cap = $0.008 GXN reinstated to quotation on 1st this month following lodgement of late accounts, lots of motivated sellers have been offloading after being stuck in, with no means to sell during suspension Peter Wall appointed to the Board on 1st May, presumably to assist with the vend-in of a quality technology asset pw.PNG Peter Wall probably happy to take up this role, may have even approached GXN and offered, as he would want to create a profit from his existing $30,000 stake in the company, held via Pheakes Pty Ltd: pw1.PNG AZK in trading halt for announcement, GXN shares will be an indirect beneficiary if the announcement is positive and AZK takes off again, as it will renew focus on PW's recent success and remaining shell plays
Poster: Fibonarchery© (STT Accuracy: 58.3% - Ranking No.1 )
http://hotcopper.com.au/posts/15257418/single (Mcap: $0m)


VTX - Shell company [11/05/2015]
Shell which has a shield liner technology which is suppose to be registered at another exchange by end of June. So an update is imminent. Market cap 4.2m with 1.2m cash and the acquisition hunt is on for almost 6 months. It has also found a base at 1.2-1.3c with massive soaking. Looks extremely bullish
Poster: Forrestfield© (STT Accuracy: 48.5% - Ranking No.6 )
http://hotcopper.com.au/posts/15250217/single (Mcap: $5.2m)


VLA - Biotech [11/05/2015]
The CAVASACK Cockiesak viral treatment seems a good deal on published evidence. Has $27m cash, $80m MC, needs Another $60-70m to complete a phase 3 trial. Having shown efficacy with other anti cancer drugs, will either get funded or taken over by one of the companies whose drugs CAVASACK potentiates.
Poster: Pmd3Nka (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15248837/single (Mcap: $87.4m)


SLM - Software Development? [11/05/2015]
SLM - Salmat Limited Current SP - 77c MC- $123M Cash - not mentioned in recent anns SLM has reached a potential double bottom Stochastics are in an upward trend indicating a change in momentum
Poster: Jajo (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15251211/single (Mcap: $123.1m)


RVR - Zinc explorer [11/05/2015]
Well three catalysts are obvious : 1 RVR's current management is currently under attack IMO by shareholders associated with Triple C and yesterday I received an email which originated from Triple C which clearly states "Triple C is supportive of the proposed changes" I anticipate the penny will drop further for both sides that every vote is going to count and we will see on market buying which reflects that 2 LME warehouse levels of zinc continue to fall,currently having fallen below the important 500,000 tonnes and now down to 457,000 tonnes .This against the fast approaching closure of Century zinc mine which will further exasperate this problem whilst the zinc price in A$ has just risen above A$3000.00/tonne 3 Red River will commence their maiden exploration targeting further zinc deposits close to the existing Thalanga mine and processing plant. I think this bunch who are trying to get control of Red River are making their move out now because points 2 &3 above are likely to see the market rerate Red River as an outstanding buy.I won't be surprised if we see some other major brokers initiate coverage of Red River shortly ,recommend it to their clients and begin buying. It is the preeminent zinc play on the ASX in my opinion and I have been buying it for almost a year now when opportunities present. This last week I have increased my holding by another 5%.It is the largest holding in my portfolio by far.
Poster: John435© (STT Accuracy: 50% - Ranking No.4 )
http://hotcopper.com.au/posts/15247880/single (Mcap: $32.5m)


CXZ - In car music Service & Fleet Mgmt [8/05/2015]
FA MC $19m SP 23c (currently in a TH) CXZ is in the connected car space and has two distinct products Miroamer and Flex. They have a very well credentialed board and already have several multi-national brands signed up for their Miroamer business. Essentially they offer an in-car music service across radio stations and personal music storage. VW was an early adopter and they were also collaborating with GM, although no deal has been signed with them as yet. The revenue model is monthly license fees and installation of units. They need to have large scale adoption to be able to sell advertising, but that's the big upside opportunity. Flex is a fleet management service which they have launched in the last couple of months and is their fast track to revenue. Essentially they are a small start up with an undemanding mc for the number of international deals they have and also the quality of their board. They also have a huge upside for punters with their options, as they are offering a 25c piggy back option for every 20c option that is exercised before Jan 1st 2016. This means for example if the heads are 50c then the options could be worth 55c (30c for the 20c options and 25c for the 25c options). As they are currently at 6.3c makes them hugely attractive. The heads are incredibly tight and if the heads explode then it's game on. The TH says it's for a material deal with a multi-national. Even if this turns out to be modest in terms of revenue, it will go a long way to continuing to build the credibility of the company
Poster: ChrisWR (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15232607/single (Mcap: $6.2m)




Weekly Technical Analysis Prospects

MNQ - Copper Explorer [18/05/2015]
MC: $4m Cash: $0.14m SP: $0.033 TA: The SP continues to find support at $0.03. Bollinger Bands contracting. Strong recent volume currently trading at less than $3 million market cap, 88 million shares on issue, Drilling is expected to start during the first week of May and should take about 4-6 weeks to complete.
Poster: Wazza3006 (STT Accuracy: 21.4% - Ranking No.19 )
http://hotcopper.com.au/posts/15295622/single (Mcap: $2.5m)


TNG - Titanium, Vanadium & Iron resource in the Northern Territory [15/05/2015]
Market cap ~$110m @ $0.17.5c Cash $4.3M end of Q1 + $2M cash injection by Insto's - 24/4/15 + Extra cash being injected with the exercising of options that expire July 15 SP in last few days has broken out of a recent down trend / support zone ... (this down trend = a 61.8% fib ABC retrace on below average volume forming a wave2 of LD wave3 ). The daily SP chart has a higher low and now a higher high = beginning of new up trend? SP is sitting above the 200dma, 20dma and today closed above the 50dma. MACD has crossed above the zero line – RSI has crossed above the 50 line. From a longer term Elliot wave perspective this recent break could be interpreted as the very beginning of wave3 within a Larger Degree wave3 Initial targets are recent high of Wave1 of W3 @ 23c …. With a bit of an OK DFS SP could see a return to the high of the LD Wave 1 @ 34c …… with a rip snorter of a DFS and a few offtake / finance deals - 50c a possibility.
Poster: GonZoBaZooKo (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15283719/single (Mcap: $115.3m)


AJX - Fire Retardant Technology – Australia, USA & Europe [15/05/2015]
Based on changes today. Alexium International Group Limited Fire Retardant Technology – Australia, USA & Europe MC- $168 mill SP – 0.033 TA Director buying on market Strong bullish candle with higher high and higher low RSI increased for first time in 9 days Strong volume for final selloff previous day Average volumes getting stronger over past 3 weeks This change is on back of announcement – “Alexium completes successful scale up run with new client in home furnishing”. CHART - AJX daily.png
Poster: Trevor12 (STT Accuracy: 40.8% - Ranking No.9 )
http://hotcopper.com.au/posts/15283423/single (Mcap: $149.8m)


PSY - Tech -Photonics tech [15/05/2015]
Panorama Synergy:- photonics tech. MC- $93.7 mill Cash – $6million (30.3.2015) SP – 0.19 TA Double bottom (1.4.15 – 14.5.15) Strong attempt at breaking long-term downtrend. Opened at previous support line Closed on down trend line. Close above this tomorrow will be significant Bullish candle on news of partnership with Quantify Technology ($2million in forward orders already) Volume at 6 month high. Big profit taking into the news, then followed by steady buying. CHARTS - PSY Daily.png PSY extended.png
Poster: Trevor12 (STT Accuracy: 40.8% - Ranking No.9 )
http://hotcopper.com.au/posts/15283204/single (Mcap: $83.9m)


AYC - Gold producer in Vic. [15/05/2015]
Minderoo Resources providing $2 mill. in funding, via convertible notes, Ex. FMG director, now director of A 1 Mines, John Clout. May well be Twiggys next mining venture? M.C. approx. $14 mill. Andrew forrest has emerged as new backed of Victorian goldminer . Plans are to start a new mining venture in MArch
Poster: zero2a$mill (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15277184/single (Mcap: $13m)


CKK - Oil and Gas Technology (Fracking) [14/05/2015]
TA Market cap: $10.13M Cash: $280,000After a recent rise on heavy volume from sub 0.5c to over 1c CKK has seen a low volume retrace and is currently bouncing around the 50% to 38.2% fib level. Bollies are tightening and the recent placement stock is likely close to, if not well finished being churned through. Still very early days and the levels don't really mean all that much other than CKK has simmered down and is sitting, waiting for the next leg up. Looking for a first up test of the recent highs at 1.1c followed by 1.5c. After that there is very little in the way of historical resistance until 6c. Could be an epic re-rate on the cards. CKK.pngCKK_2.png Check out my investing blog: TheNudeInvestor.com.
Poster: Toxxxic (STT Accuracy: 10% - Ranking No.21 )
http://hotcopper.com.au/posts/15272143/single (Mcap: $4.8m)


MRF - Graphite [14/05/2015]
At time of post: Price: $0.075 On Issue: 165,741,587 Market Cap: $11 mil Cash on hand: (at last quaterly $589,310) TA: Break of downtrend. Reversal to ~10c is possible (if not already there by tomorrow open Still showing oversold on stochastics and OBV spike [?IMG]
Poster: yourewelcome (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/15270017/single (Mcap: $10.9m)


BNE - Geospatial imaging technology [13/05/2015]
Another epic chart Closed above 1.4c resistance on mega volume, all time high volume of 74 million Above 34 day EMA, OBV strong and rising Very solid looking buy side, volume was high enough today for a good register cleanout and most that held pre-acquisition and wanted to take profits in the spike have probably done so bne.PNG
Poster: Fibonarchery© (STT Accuracy: 58.3% - Ranking No.1 )
http://hotcopper.com.au/posts/15266416/single (Mcap: $3.6m)


NXR - Mining Australia, West Africa and Guinea. Biometric technology [13/05/2015]
ta NXR chart just turned epic Dominant white candle, 52 week breakout, closed above 11.5c resistance, OBV strong and rising, above 34 day EMA nxr3.PNG
Poster: Fibonarchery© (STT Accuracy: 58.3% - Ranking No.1 )
http://hotcopper.com.au/posts/15266276/single (Mcap: $22.8m)


AGX - Biotech [12/05/2015]
Biotech $2.7 million cap $2 million cash Above 34 day EMA, 52 week high breakout territory, clear uptrend in place, no resistance until 3c which gives a clear target price, has been some aggressive buying recently agx.PNG
Poster: Fibonarchery© (STT Accuracy: 58.3% - Ranking No.1 )
http://hotcopper.com.au/posts/15258905/single (Mcap: $2m)


VMT - Motorcycle manufacturer [6/05/2015]
MC- $61 mill SP – 4.7 cents Been on my watch list for a long while now. Been displaying bullish behavior for the last 18 months. Long term rising OBV. Money flow recently crossed above 0%.Big rise following release of quarterly showing big increase in both sales and margins. Has since been forming what could be a pennant just beneath historical resistance with a low volume retrace from the recent highs. Looks to be building nicely for an assault on the 5 cent area. 1.2c rise would give a target around 5.8 cents which coincides with the next area of resistance.
Poster: Toxxxic (STT Accuracy: 10% - Ranking No.21 )
http://hotcopper.com.au/posts/15222140/single (Mcap: $66.1m)


NXR - Mining Australia, West Africa and Guinea. Biometric technology [8/05/2015]
Nemex Resources – Mining Australia, West Africa and Guinea. Biometric technology 30% interest in Wavefront Biometric Technologies (WBT) MC- $20.5 mill Cash – $975K 31.3.2015 SP – 0.089 DAILY CHART – Has retraced to 61.8% fib line of last run. Formed dogi after opening down today. Volume increasing. Possible channel forming. WEEKLY CHARTWave 4 of Elliott Wave pattern has completed and we are now into wave 5. Next resistance levels are 0.115 and 0.125 and than 0.18.
Poster: Trevor12 (STT Accuracy: 40.8% - Ranking No.9 )
http://hotcopper.com.au/posts/15238772/single (Mcap: $22.8m)