My kinna topic this weekend
BAL and A2 are beautifully set up from a TA/FA perspective for strong reporting. A2's manufacturer reported a profit upgrade today and hence we saw a bit of an uptick in A2's SP, strong close at @ $2. have been buying whatever I can get my hands on under $1.90.
BAL break at ~$10.50 has already been a lucrative trade but holding out for earnings, all this China regulatory rhetoric was a storm in a tea cup IMO. Additionally only 100m shares on issue with +9% of the register short. The squeeze could be one of the most aggressive this season.
QMS is another interesting one, mostly because APO and OML have enjoyed solid runs of late with QMS the lagger in the space. Chart has consolidated quite well around resistance at $1.30 -- think it's ready for the next leg.
Apologies for not posting any charts, my PRT giving me dramas (anyone else have issues with the software?)
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- Short Term Trading Weekend 12/08 - 14/08
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