$NVA $NVA.ASX Consolidation is getting tight - Gold$NVA $NVA.ASX
Consolidation is getting tight - gold stock
Business Summary On June 2020
Nova Minerals Limited (NVA, formerly Quantum Resources Limited) is an Australiancompany with interests in a portfolio of mineral projects at exploration stage withfocus on North America (Manitoba, Canada and Alaska, USA) and one joint ventureproject located in Australia that are prospective for lithium, gold, nickel, cobalt andother precious metals, base metals and REE's
Substantial Shareholders No Substantial Shareholders
Valuation Rating Undervalued
Fair Value Estimate 0.094
Fair Value Percentage Diff 47.03%
Directors
Mr Louie Simens (Executive Director)
Mr Avrohom (Avi) Geller (Non-Executive Director)
Mr Christopher (Chris) Gerteisen (Chief Executive Officer,ExecutiveDirector)
Mr David Hersham (Non-Executive Chairman,Non-Executive Director)
Management
Mr Adrien Michele Wing (Company Secretary)
Mr Ian C Pamensky (Company Secretary)
Mr Romy Hersham (Co-Company Secretary)
Asx200
$LNK $LNK.ASX Broken from wedge - Bullish$LNK $LNK.ASX Broken from wedge - Bullish
LINK ADMINISTRATION HOLDINGS LIMITED
Technology enabled administrator of financial ownership data
Broken from continuation wedge - Bullish
T1 $5 -
T2 $5.58-$5.89
$IPH $IPH.ASX got more room for move up$IPH $IPH.ASX got more room to push up
IPH LIMITED details -Bottom triangle is shaped
Provision of intellectual property services.
Directors/Senior management
Mr Richard Grellman Non Exec. Chairman
Dr Andrew Nathaniel Blattman Managing Director
Mr John Atkin Non Exec. Director
Ms Robin Low Non Exec. Director
Go Long Newcrest Mining. $NCMWe broke out of the downtrend today, I do think the price will fall in the next few days (profit taking) and then continue to go higher.
Why?
Because Newcrest is forming a very nice inverse head and shoulder pattern.
Technical indicators such as moving averages, MACD, RSI, and DMI are looking good and on the bull's side.
Furthermore, Silver and Gold prices are likely to continue going higher in the short-medium term because of central banks' actions.
I am holding this stock and will look to buy more for the short-medium term.
$MEU $MEU.ASX couple more of sideway days$MEU $MEU.ASX
Business Summary (as at 30 Jan 2020)
Marmota Limited (MEU, formerly Marmota Energy Limited) is a South Australianmining exploration company, focused on gold, copper and uranium. Gold explorationis centred on the Company's dominant tenement holding in underexplored GawlerCraton, near the Challenger gold mine, in the Woomera Prohibited Defence Area. TheCompany's cornerstone copper project is based at the Melton project on the YorkePeninsula.The Company's uranium project is based at Junction Dam adjacent to theHoneymoon mine
Latest Operational History 26June2020 -
Marmota reported positive high-grade intersectionsfrom the first 2020 drilling at Company's 100%-owned gold discovery atAurora Tank, including intersections over 1m of 74 g/t gold. Tests ofhigh-grade gold at Aurora Tank found that gold grains collected at 38mto 39m downhole (105 g/t gold) on the NW flank are predominantlyprimary mineralization. The Company announced that RC Drilling isdue to commence in 3 weeks (around mid-July 2020).
Substantial Shareholders
Colin Rose (10.9%)
Southern Cross Capital Pty Ltd (8.7%)
Mr John C Huizenga (6.7%)
Directors
Dr Kevin John Anson Wills (Executive Director- Exploration)
Mr Shane Barker (Director - Production)
Dr Colin Rose (Executive Chairman,Executive Director
Trade Idea on AU200 (ASX) by ThinkingAntsOkMain items we can see on the chart
a) The price is on an ascending Wedge
b) Currently, we can observe a clear corrective Structure (Yellow lines)
c) The next resistance zone we have is a weekly one (light blue rectangle)
d) Based on the technical elements we have our conclusion is: If the price breaks above the corrective Structure, that will give us a high-quality scenario for long trades towards the next resistance zone
e) The Risk-Reward Ratio of this trade is 1 : 2
f) We will move our stop to break even at 6200.00
WEEKLY CHART: (Understanding why we choose that target)
$SHL $SHL.ASX - Double Top , Short term target $26.03SONIC HEALTHCARE LIMITED
Double Top , Short term target $26.03
Sonic Healthcare is one of the world's largest medical diagnostics companies, providing laboratory and radiology services to medical practitioners, hospitals, community health services, and their collective patients.
P/E 22.640
EPS 1.240 AUD
Annual dividend yield Help 3.03
Directors/Senior management
Mr Mark R Compton Non Exec. Chairman
Dr Colin S Goldschmidt Managing Director, CEO, Executive Director
Mr Philip Dubois Executive Director
Mr Christopher Wilks Executive Director, Finance Director
Mr Neville Mitchell Non Exec. Director
Prof. Suzanne Crowe Independent Director
Mr Lou Panaccio Independent Director
Ms Kate D Spargo Independent Director
Dr Jane Wilson Independent Director
XJO end of 13/06/2020. Opening green next weekFinally, a pullback we've been waiting for.
XJO was running way too fast and pullbacks are healthy in the long term. The pullback came right at the 0.618 FIB level.
Tested the 200MA and will be interesting to see if we hold the 200MA next week.
RSI is still relatively overbought but as the pullback was so sharp, I expect a green day on 16/06/2020 Monday.
Apart from the technicals, other reasons for the pullback include
1. Fears of 2nd wave
2. End of financial year profit-taking
3. Federal reserve grim outlook
4. Riots
Next week will be a decisive week in determining which direction the market is headed. The overall sentiment is optimistic but the market does not care.
Next bullish target is 6380 level.
All the best if you went Long on Friday on short-medium term positions.
My Bearish view of ASX200 and When to enter for the Long Term.For those that use the "Fib Speed Resistance Fan", our XJO hit 0.25 and retraced.
Could we retrace back to the 0.382 in the coming days/weeks?
Also, I wish I have found this earlier!! This has correctly forecasted the support line during the March lows.
Furthermore, a good entry point for investing in the long term is when the " William R" is below the yellow and is rising from the bottom.
The last three times this has picked the bottom!
I will be watching these indicators at the next sell-off.