Australian (ASX) Stock Market Forum

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It's the MCM chart.
Oh dear, it is!
My apologies, I had meant to post the LLL chart !😵‍💫

Here is. Comments below meant for LLL
(MCM chart posted in error)
how clumsy of me...🤪
MCM is gratis...

Screenshot_20220908-132304.png


Not a lot of data here, but IPO was at $0.70
Recent ranging has me thinking this has potential. Held.
 

Sean K

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This chart looks good to me for a few reasons, one is the seemingly break in the downward trend and it's about to potentially break some horizontal resistance. Not much on the volume side to support it though.

(I've taken a few bites of this based on the fundamentals)

Screen Shot 2022-11-21 at 2.08.38 pm.png
 
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EM2 which is a brown and green field copper/gold explorer with a resource in Arizona. Recently raised capital @ 0.165
Has broken a recent level, moved outside a long downtrend.
Caveat: Daily RSI momentum at overbought and it's tempting to picture the chart pulling bzck to 0.20 or the low?
Not Held.

Daily
big (62).gif
 

Sean K

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EM2 which is a brown and green field copper/gold explorer with a resource in Arizona. Recently raised capital @ 0.165
Has broken a recent level, moved outside a long downtrend.
Caveat: Daily RSI momentum at overbought and it's tempting to picture the chart pulling bzck to 0.20 or the low?
Not Held.

Daily
View attachment 151859

That's a great looking chart, about a week ago. Is it too late?
 
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Might happen. Fletcher Building Ltd (FBU) mentioned on value grounds in a livewire article from Wilson Capital Management (WAM). They say that they're interested in N.Z based companies because value is on offer due to Toothy Adern's affect on the economy. They talk about some of their other themes like tourism related stocks should benefit from inbound Chinese (yuck), mining services being their best performing group over 12 months, looking at U.S big tech stocks after cost cutting and interesting amplified comments about AMP.
https://mobile.twitter.com/BaldridgeTony

Weekly chart of FBU shows bullish cross of RSI with price having made a higher low and hesitating under resistance. Cross of moving average (50day over 200day) looks likely? Volume still weak however.

Not Held

Weekly
big (78).gif
 
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Might happen. Fletcher Building Ltd (FBU) mentioned on value grounds in a livewire article from Wilson Capital Management (WAM). They say that they're interested in N.Z based companies because value is on offer due to Toothy Adern's affect on the economy. They talk about some of their other themes like tourism related stocks should benefit from inbound Chinese (yuck), mining services being their best performing group over 12 months, looking at U.S big tech stocks after cost cutting and interesting amplified comments about AMP.
https://mobile.twitter.com/BaldridgeTony

Weekly chart of FBU shows bullish cross of RSI with price having made a higher low and hesitating under resistance. Cross of moving average (50day over 200day) looks likely? Volume still weak however.

Not Held

Weekly
View attachment 152729
actually i didn't buy much in NZ stocks during Toothy's reign of error

some TWR , some extra CEN and GTK , for whatever reason i mostly couldn't hit target

( i hold FBU but bought a fair while back in 2017 .. OOPS added some extra in 2022 as well )
 
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