ridethepig | Opportunities in Hydrogen stocks📌 Another single stock opportunity... I will start posting a lot more of these as the feedback has shown it is working. For today we are tracking a very interesting flow that is finally coming into fruition.
Australia, Japan are advancing talks on hydrogen and a deal is around the corner. The breakout of the highs shows flexibility required and is an example of how to look at the important aspects rather than political noise. Momentum players here wish to play down an extension of the range, they wish to create for themselves an advance with reason and presence from the PM visit to Japan to make it a celebration.
Another 75% is necessary, despite the fact we are already up big. Buyers should continue to find the courage to resist taking profits and quietly continue loading. The target of 1.50 is possible here .
Thanks as usual for keeping the feedback coming 👍or 👎
GRAPHITE
GRT Set up Looks like GRT loves to move in wedges. Each wedge breakout is powerful and looks like we might see another wedge formation before another MAGA breakout. Not much data to analyze so just speculation. It also seems like a lot of Ripplers are jumping into this one and ditching XRP positions
Graphite Daily/hourly short 209-221 Graphite Daily/hourly short 209-221
pro:
1. 2 leg out in location time frame
2. Origin of Weekly supply zone
con:
1. intermediate 1 hr zone has few dosi candles of left. Bulls and bears fought nicely from
origin and then dropped.
2.15 min not at all good structure candles.
confirmation entry only
(ASX:WKT) Walkabout Resources Forecast"Walkabout Resources Limited (ASX:WKT) is an innovative African focused energy minerals developer, based in Western Australia with a focus on developing. the Lindi Jumbo Graphite Project in south east Tanzania"
ASX:WKT
Overall Analysis:
Strong fundamentals.
Long term hold despite short/mid term price action.
Probable descending triangle being formed.
If confirmed: 72.93% chance it will breakout to the trend (Bearish).
If confirmed: Wouldn't surprise me if a positive announcement was released before the breakout to manipulate it to the upside.
Day Trade:
Target: 26.5c (40% increase) @ Late Feb/Early March
Target analysis:
Resistance @ Weekly 50MA
Likely Descending Triangle - Resistance (Upper Red Line)
Previous Support @ 25.5c (Green Dotted Line)
High Volume Area 25.5c - 27c
FIB Retracement = Golden Pocket (0.5 - 0.618)
Support @ Current Price
Support Analysis:
Multiple Weekly Close above 100MA (Orange Line)
Descending Triangle Support (Bottom Green Line)
Previous Resistance 2018 @ 15c - 17.5c
Stoch RSI Oversold
Daily MacD Cross
Declining Volume
Note: Bearish Pennant on lower time frame (Dotted Pink Triangle)
Standard pattern breakouts suggest pennant breakout will follow the trend (Bearish) at a 55.19% percent probability.
Support currently outweighs the standard pattern breakout expectation.
Descending Triangle likely .
If price breaks 100ma expect to see 12 - 14c (Support on 200MA) = descending triangle invalidated?.
FGR First Graphene - a penny stock? not for longgood opportunity here on this small stock.
We are in a solid bull trend since it was listed. the moves are getting bigger and I believe we may start a megaphone pattern as shown in blue.
From the weekly trend line we are respecting the lower line well. we have made a test of this line on the 24th of december the same area as the 61.8 from the last 400% move and a strong support area. MACD has crossed on daily and RSI is in a good place with lots of room on both of these indicators to the upside.
The up/down cycles have been around 250days for each of the previous moves. I put a target of 200% in the next cycle from here on this. but it could be much higher as the megaphone pattern is widening on each range of the last two peaks.
A First Look at Lithium Ion Batteries (Electric Vehicles)Electric cars (mobility in general) are part of our future. Demand is growing all over the world and producers now exist in Asia, Europe & North America. It's an emerging market and is yet to mature. This makes it interesting from an investment point of view. But when and how to invest? I'm just going to publish my research here as and when I can be bothered. If anyone wants to contribute with news, ideas, technical info I will be grateful.
Lithium Ion Batteries (Li-ion)
Provide energy storage, make up one of the key components in e-vehicles, determine to a large degree vehicle range and performance limitations
Key ingredients incl: lithium (carbonate or hydroxide) as well as cobalt , nickel , aluminium , manganese and graphite
Basically ions (charged particles of lithium) flow from a negative electrode (anode) to a positive electrode (cathode) in a liquid medium (electrolyte).
Lithium is used in production of the electrolyte and cathode
Current li-ion types incl: lithium-cobalt oxide ( LiCoO ) and lithium-nickel-manganese-cobalt oxide (LiNiMnCoO or NMC ). NMC takes a leading place in the automotive sector.
Apart from lithium both cobalt and nickel are highly prized by manufacturers and NME batteries, which are made out of all three, offer good safety levels with promising energy densities.
For investors li-ion innovation/production is an important area to keep abreast of. Recently prices of cobalt have gone through the roof, this led manufacturers to look for alternatives such a nickel and manganese. Berkeley researchers claim it is possible to build electrodes without cobalt (cleantechnica.com) which also offer more capacity using manganese for example. So it is important to have a layman's grasp of the technology and ensure knowledge of latest research. It is likely that a variety of different solutions will come online in the next 10 years and the market / physics will decide on the winners.
However, many R&D advances have long lead times to reach production. This makes it unlikely that cobalt will disappear completely from the manufacturing process in my opinion in the near future.
Market Activity
Recently cobalt (Co) has skyrocketed whilst nickel has not increased that much and shows possibility of more growth whilst cobalt looks to be correcting (hard). This is in my view due to
Development of cobalt bubble unsupported by fundamentals
A shift of fundamentals away from cobalt to other metals such as nickel
Does this mean nickel will see continue uptrend at cobalt's expense? The speculative activity in this sector seems to force manufacturers away from the underlying asset / material. Therefore it is imperative to get in early. Again this is an area of very active R&D and fundamentals can change rapidly within limited time, often before uninformed investors can react.
Futures Launching
Another interesting development is the London Metals Exchange (LME) will be launching car battery metals' futures sometime in 2019/2020:
www.cnbc.com
This will include cobalt, nickel, manganese, graphite and lithium. As far as I am aware futures are generally released at the top of a bubble (see gold/silver/bitcoin...).
See recent Tesla bubble and research that shows just how overvalued shares were: all due to e-vehicle hype. New tech sectors are rampant with hype. Just look at fang stocks: all hideously overvalued with exception of Google.
The hype in the e-car market is real and is an area that will continue to grow into the coming decade, but e-vehicles is a real manufacturing sector.
1.40p 2.32p resistance / 0.95p support /Graphite play$30m capex to $300m NPV Graphite mining play
Last placing at 1.1p & possibly a good price for entry around there.
Warrants at 2.2p within 3 years.
Please be aware that Paul Johnson is now on the ACP board.
-- Test-work programme aimed to progress the MOU to a binding agreement is planned to start before the end of Q1 2019
-- Discussions regarding the remaining 19,000tpa of production ongoing with a number of potential customers
-- Feasibility study drilling completed with further site activities
- Don't hold any shares -
A higher risk play as down trend hasn't been reversed & no confirmation of it as yet.
Hazer Group Reversal Trade $HZR$HZR and by association HZRO looks set to break to the upside in coming days and will likely present some opportunities. There has been growing pressure on the supply range at 30c for several weeks now and as the range trims the likelihood of a break increases. The gap at 31.5c is first target which is around 7% from current SP and this will set the scene for a push through the easy lifting 30-40c range offering a 36% move if it plays out. The stretch target being major resistance at 50c represents an upside move of 71%
With management currently conducting roadshows and high net worth meetings it's likely that over the coming weeks interest grows. The other catalyst is that MIN.ASX who have partnered with Hazer Group will soon be beginning to commission a facility to produce high purity battery grade graphite. With the HZRO expiring at the end of 2018 and having a strike price of 30c management are highly likely to deliver a very strong news flow.
RNU: Bearish Descending Triangle, MMAR Reversal, Downward Wave The current MOU announcement has spiked the share price up, which has temporarily quelled the descending triangle break and halted the downward momentum seen on the Wave Indicator (dotted blue line). However, upon closer inspection, the spike itself is showing signs of weakness (MMAR reversal in spike). Oddly, a trading halt was announced the day after such signals, locking the register in. If news of a CR, the sell-down will be drastic, although, good news about JV for cobalt will see a continuation of the uptrend.
Flag Pennant Breakout Giving $0.85c TargetHazer Group today broke out on light volume. The previous move (spurred by material news in regards to their graphite and hydrogen technology) of ~65% from $0.41 to $0.68 represents a move of $0.27 which gives this latest movement a target of $0.85. This also correlates with the historical all-time high.
Since the initial move the on 3/10/17 the previous price action has consolidated on declining volume indicating that sellers are done, the move to the upside confirms this.
With a HOA recently announced with ASX:MIN for the development of a battery grade graphite plant and a further MOU signed with Primetals for investigation of hydrogen refinement of iron ore there are several progressions possible which may act as catalysts in the near term.
“Hazer’s mission is to play a significant role across three multi-billion dollar global markets. Hazer’s technology can potentially provide an innovative solution for the global industrial hydrogen market, by producing hydrogen at lower cost than alternative options, while also reducing users’ CO2 footprint. The low-emissions associated with the Hazer Process also potentially provides a gateway for hydrogen to more effectively penetrate the sustainable energy market for both vehicle fuel and stationary power applications. Hazer is also looking to provide high quality synthetic graphite for energy storage and other large global graphite applications.”
www.hazergroup.com.au
Hazer Group Potential Move From 50% FibHZR put in a solid inside bar today after bouncing off both the 50% fib retracement level and the previous resistance line which should now act as support. Expecting to see this trade in range for a few days before moving to the next resistance hurdle at 58c
FA behind this one is well worth looking into also as they aim to be the lowest cost hydrogen and high quality graphite producer globally
"Hazer Group Limited is a pioneering ASX-listed technology development company undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process. The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst."
www.hazergroup.com.au