Lithium sector, has been basing and looks to be good above 48c. Stop loss at 47c with target of 62c in coming weeks.
Long term support coming from trendline and previous resistance.. will be interesting to see how it behaves next week. Taken a parcel at 42c today for a bounce trade to 49c. Lets see if it hits it before finding a base until the dust settles. Be wary holding this though due to the negative market.
Moving well and recent spikes in volume show a good path here for mydeal. My charts put on here havent worked out so well recently but this one is showing good strength to keep moving up. Stop loss at 76c, target of $1.00 over the next 2 months.
Big movements upad down i dont like, was hoping to see a base, but price action is looking good on daily. Position here with stop at 10.90 is a good low risk play. Broken and retesting downtrend today, if it falls back below the line, no good. But as long as it stays above, a base can be made and a push to break $12 on the cards next week or the following week.
Waiting for volume to come in to see where SOR moves over the next few weeks, but given all lithium names are moving, this one is sure to follow. Mini head and shoulders pattern that needs to be broken with a cross of 32.5c, but good low risk entry here i feel given the sector movement in the past week.
On watch for break of 200ma. Alot of volume recently and price action is looking healthy. Could be a good hold from here with a big target at $10. Entry with a stop at 5.80 is to much risk for me. Wait for some confirmation on the chart.
Been a long watch for Kogan again, but it is looking healthy and ready to break the downtrend. I would leave it on watch for a couple more weeks and see how it goes. Coming into christmas shopping time and i believe kogan is the amazin of Australia. So keep it on watch and if it breaks trendline, look for an entry.
Since last post on BD1, it initially did what the TA was telling me.. then it got pumped on twitter and all the selling was caused from stuck investors. Great risk return entry here. Target of 1.55, stop at $1.03. If it gets above 1.30 and starts forming a base, could be a safer hold then what it is now. But i dont see it gojng below $1. Good volume and higher low formed.
Will likely see follow through tomorrow into the 40c range. Entry here with stop at 32c is good risk reward. Ive been watching it since last spike to 40c but will likely look for an entry once 40c is broken and then retested.. unless news comes out. Short term target of 50c by end of the month definetly possible if it moves well tomorrow.
Pennant chart that im not usually a fan of. But if Myers recent report is anything to go off.. leading into september could see a move like KGN is putting on. Stop loss at 49c and target of 65-70c initially.
Could be a bigger week next week if the report is good. Getting close to the long term downtrend if it breaks could see a medium term mpve to $18. Quite suprised how well its moved the last few days leading up to the report. I would wait for a better entry on the hourly..
Stop at the moving average on the hourly. Or at 39c. Looks like there is big support at 40c. Still have some lingering shares that were bought at 25c.. and put on market 2 days ago. But as long as it stays above 40c, MNS could be in for another move up next week. A close on tomorrow above 43c also looks good on the weekly. Lets see how it plays out.
Im not one to buy something so extended on the daily. But something tells me MNS has alot more gas in it over the next few months if Biden keeps pumping the EV sector. Looking at the monthly chart, alot of volume churning through, and a break through 50c could see the start of a long term uptrend. 2 to 3 year target of $1.50 - $2. Could come sooner though if MNS...
Been oversold heavily. Will likely see 1.33 before moving back up. Entry here with a stop at 1.29 is low risk given recent cap raise. Any news will push this share price easily.
On watch for a close of 11.50 or above on daily. Targets at 12.30 and 13.50. Stop at 10.00.
On watch for a break and retest of 1.12. I believe its been hit hard from selling and SP is trying to change direction. As expected huge support at $1 so a stop at the 98c if you want to risk an entry here. Will eventually be a good buy again for a short term and long term trade. But recent discussions on this stock have made me second guess holding long term...
Following channel path, NOV will likely move up and test old highs at 71.5c, would suprise me if it hit 72 or 73c before pulling back into channel and consolidated before next push up. I wouldnt want to see it break channel aa it always gets heavily sold into. To high for me for an entry here. But if you believe in the growth of the company. Entry with a stop at...
Looking healthy with the Price action. Will likely look for an entry here after a break to 14 and pull back to 13.50.. On watchlist for now.