Potential outside week and bullish potential for MKREntry conditions:
(i) higher share price for ASX:MKR above the level of the potential outside week noted on 4th October (i.e.: above the level of $0.043).
Stop loss for the trade would be:
(i) below the swing low of 1st October (i.e.: below $0.029), should the trade activate.
MKR trade ideas
Finer Market Points: ASX Top 10 Momentum Stocks: 14 Dec 2023AMEX:TTT ASX:MKR SET:PLT NYSE:GHY ASX:RIM ASX:TSO ASX:ZIP ASX:SIG AMEX:VHT NYSE:ERO
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly on Fridays.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
Titomic Limited (TTT): A global leader in additive manufacturing, also known as 3D printing, specializing in cold spray technology. Titomic builds, repairs, and coats parts for a variety of industries, including aerospace, automotive, and defense. Their clients include major players like Airbus, Boeing, and CSIRO.
Manuka Resources (MKR): A gold and silver producer operating in the Cobar Basin, NSW, Australia. Manuka recently began production and owns the only fully permitted and operating processing plant in the southern Cobar Basin. They also have several prospective gold and silver targets for future development.
Plenti Group Limited (PLT): A financial technology company specializing in consumer and auto loans, renewable energy financing, and other lending services in Australia.
Gold Hydrogen (GHY): Working on a century-old discovery by-product of SA State Department oil exploration in SA, which is a natural hydrogen gas discovery, now exploring with modern technology.
Rimfire Pacific Mining (RIM): A critical minerals explorer in New South Wales, Australia. Rimfire is actively seeking nickel, cobalt, scandium, copper, gold, and platinum group elements (PGEs) within the Lachlan Orogen and Broken Hill districts. They have a 100% owned Green View Cobalt Project located near Broken Hill and are exploring other promising targets.
Tesoro Gold Ltd (TSO): A gold exploration and development company with a focus on the Tanami Desert of Western Australia. Their flagship project is the Nyidingya gold deposit.
ZIP Co Ltd (ZIP): A leading buy now, pay later (BNPL) provider in Australia and New Zealand.
Sigma Health Ltd (SIG): A diversified healthcare company with a focus on pharmacy, wholesale distribution, and animal health.
Volpara Health Tech (VHT): A leading provider of breast imaging software and artificial intelligence solutions for early breast cancer detection and risk assessment.
EROAD Limited (ERO): A provider of fleet management and road user charging solutions for the transportation industry in New Zealand and Australia. EROAD simplifies operations, boosts safety, and cuts costs with telematics, compliance tools, and real-time data.
