Locked in some profits and juggled the portfolio around to add some gas in AJQ and GAS, and some hydrogen in LCK. Considered BLU but the gap between 5.3 and 6 cents bothered me, and the chart just looks a little toppy around 7 to 7.5 cents.
Couple of charts to look at. The tech sell off in the US looks like it might be just about done ... IP1 had a small bounce at the 62% retracement level, but not on particularly high volume. I'd sold out at 4.8 cents previously, and re-entered at 3.1 cents expecting the 50% retracement level to hold. Lots of potential here. There's a few announcements expected in the near term, and I'd be very surprised if there's not another run in IP1.
GAS has been mentioned on the STT a couple of times. There were two possible entry points ... 55 cents being the current level at which capital is being raised ... and 63 cents being the level at which the gap got filled. 90% of occasions an SP will dip down to the CR price, but I just had a feeling and took the 64 cents on offer. If it dips again I guess I can average down if I choose.
Not many hydrogen plays on the ASX, and the only one that really appealed to me was LCK ... which is just in a nice steady uptrend at the moment. I'd be surprised if 13 cents didn't get reached again.
I'm expecting gas and hydrogen to have a good couple of months ... holding AJQ, BPH, EMP, GAS and LCK now, with an eye on BLU.
