Short Term Trading Week Starting: 30th Oct, page-170

  1. D.D
    3,161 Posts.
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    About the charts- Sorry. I thought that it was self explanatory with the red lines

    RLC:
    BO was at 3.2c on good volume. Hope it continues to go higher.
    Tight register. Top 20 hold 68%.
    Possibly the cheapest Li brine stock. MC- 5.4m
    They mentioned "Seeking to engage with companies active in or holding expertise in Li brine processing". This could be a catalyst.
    Drill permits are ready. Targets look better than a few other Li coys drilling in Nevada.
    Negative- Awaiting CR. Management is reluctant to do CR at a discount =delay in CR (the only reason the SP is low IMO).
    But they where working behind the scenes. Once the CR is complete it'll be free for a ride.

    HEG:
    Chart- Today's candle looks like a BO off that diagonal line.
    Why did I buy- Cheapest Tolga play + use of HPA in battery..

    PNX:
    Zinc play
    Chart- sizeways since June 4th. Huge volume since Oct 4th.
    BO is at 1.4c.
    Volume today- 21m on no news.
    1.2c was on the sell side when I posted the chart. Looks better now.
    FA: 3000m+ drilling for DFS. SP should run on anticipation.

    CZL:
    Near term Zinc production.
    MC- 11m
    They're starting small.
    Resource increased 70% +
    Drilling continues.
    Some good names in the Top-20.
    Existing plant/infrastructure.
    Read today's ann for more info. https://hotcopper.com.au/threads/ann-october-investor-update.3804237/#post-28393788

    Chart- doesn't look good. But I'll buy more if it drops. It's a MT-LT play for me.

    Hope that helps @xindongzuitaohua
 
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