Popped up on a scan last week, suggesting supply may have been exhausting and proceeded to see a bump yesterday (earning a speeding ticket from the ASX and a "we know nothing".
I wasn't quite convinced to throw my hat in the ring, so it remains on the watchlist.
MTS has rebounded since the general sell off in early April, returning to levels last seen in December. Unfortunately my previous entry was a few days premature, stopping out almost immediately and I haven't re-entered since. I still cannot shake the feeling that there is external interest in a...
My entry for the May tipping competition, SXE has bumped it's head in the $1.80s for several months, but on each swing down we've seen higher lows and, in my view, low supply at those, including during the general selloff in early April (my entry point). I'm hoping for a breakout into new...
SXE has been hitting it's head around $1.82 for a few months, so I'm looking at the price action at that level over the next week or so. Those all time highs at $1.965 do look like an achievable short term target if ~$1.82 turns into support. I hold a position at $1.53
I've now taken a small position, I expected some rotation into defensive stocks, but MTS has held up even better than I had anticipated over the past few days.
Putting this as up for the April tipping competition, a bit of an unusual pick with a fairly range bound and boring chart, but I can't help but wonder if they might be a target for an overseas player to make a bid on.
We've heard for a long timer that foreign players are looking at a way into...
Reuters ran an article on Tesla's Australian chairwoman, who is getting increasing noisy questions asked about her independence and her remuneration. The same article was in the AFR on Tuesday...
Scary how similar they are, both handsomely overpaid, finding themselves involved in politics and gaining favorable treatment through their lobbying, meanwhile their hubris/arrogance tanks the brand and sees their respective businesses fall into trouble, all the while being enabled by weak...
On a nice run at the moment, and looks to be behaving nicely.
Extreme volume days followed by consolidation with declining volume, suggesting selling exhausting before proceeding higher. Yesterdays candle looks like a healthy inside day after a strong push last week, followed by a another...
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