Australian (ASX) Stock Market Forum

@HelloU has drawn our attention to an outstanding BO in MYR (Myer Holdings). This has been on quite a tear and the level of shorts that are running to cover is slowly diminishing. The April 1st list has MYR at #15 and 9.5% shorts (27 days to cover).

This MYR chart gets interesting for another reason. If MYR reaches 0.70, @greggles will eat his hat. I suggest he order a nice hat made from hemp. He may enjoy it more than a rabbit fur acubra.
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nice words as always
what is 27??
(meant it is put up or shut up time at 10% with sp up........ hoping maybe some will double down to keep it down ...... but with the best behind us if some choose to double down, and it keeps going up, then more goodness awaits. )
 
@HelloU has drawn our attention to an outstanding BO in MYR (Myer Holdings).

R …. I C (Ah … I see) …… I thought myr was some new fan dangled Hello acronym:D The lower case fooled me …..
sl1 if i was a holder i would seriously consider not being a holder. Is there any profit at 40%?

Yeah, I lightened the load a bit the other day …… Still have a few but they could end up in the blender shortly ….. May come in handy as a tax offset next financial year:D
 
R …. I C (Ah … I see) …… I thought myr was some new fan dangled Hello acronym:D The lower case fooled me …..


Yeah, I lightened the load a bit the other day …… Still have a few but they could end up in the blender shortly ….. May come in handy as a tax offset next financial year:D
hey rick
the funny thing about that is i usually just write the dribble that spins around in my head, in the same way it spins around my head - which is why it usually reads as dribble. However, for that particular post i actually went back and tidied it up and added the stock code and colon on a brand new line so it would make sense and read good ....... hmmm, doing that was 12 seconds of my life wasted and never getting back.

what else, cdx (up 10% 2day), if they try to take this to 8c now (so soon after the 5c run) that is just pure greed - trade the trade.

what else, SYA (upper case for rick), noticed ann 2day so maybe more anns and pump 2come pre CR? dunno, just a thought
 
Just to keep my input a bit more "regular" on the thread …..

I hold LPD …… I expect it is not too far away from jumping the creek over the 3.2 cent zone …. we shall see ….

Its not outstanding …. but it could be soon:p

LPD 9April2019.jpg
 
I hold LPD …… I expect it is not too far away from jumping the creek over the 3.2 cent zone ….

Its not outstanding …. but it could be soon:p

Timely call yesterday lol ……

Mentioned LPD on the Stock thread today ….. Currently in Trading Halt pending a Resource upgrade announcement

Jumped the creek at 3.2 today ……. If it gets above 3.6 on good Volume it should look healthy for further rises.

LPD10apr2019.jpg
 
Some charts of interest, I'm sure some would have been mentioned already the members area and threads themselves. Wouldn't consider ALI a breakout at all but looking interesting after a long period of dormancy from this fund.

CCX.GIF JIN.GIF MGX.GIF ANO.GIF AMA.GIF ALI.GIF ASX.GIF
 

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Some nice charts there Kryzz

I particularly like AMA
Keep em coming!
 
2 charts I picked out from my scans yesterday (increase in vol). Didnt buy in as I found support levels to far away for my comfort.

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I guess there may be an increased demand from the auto industry, with the weight reduction requirement for electric cars, also it is used in flow batteries.

Here is an article on vanadium:
https://www.proactiveinvestors.com....energy-applications-are-developed-212553.html
From the article, China's consumption has increased to strengthen its reo bar and bring it in line with World standards.

Its a long story but they turned back to oil and gas while keeping the vanadium name, but some possible good news regarding future projects looks like traders and gamblers starting to take positions so I think there is still yet a breakout to come
 
Aussie Stock Forums has broken out.

After largely trading sideways in a well defined range from mid-2013 until early 2020, ASF started to gather some momentum in January when the volume of posts began to pick up and a visible uptrend began. But March saw a huge surge of interest in ASF, pushing it above previous highs reached in January 2019 and as far back as April to June in 2013.

Now at more than seven year highs, can ASF consolidate at these levels and form a solid base of support at what was previously resistance?

Some market commentators are saying that the coronavirus was the catalyst that drove ASF higher in the short term and that this increase in volume was driven by new retail investors getting on board due to ASF's exposure to the ASX market discussion sector. Long term bears, mostly previously banned members, are suggesting that this recent move up is merely a dead cat bounce and that ASF will once again retreat to long term lows after all the excitement dies down as a result of its poor management.

It's difficult to tell whether the current bull run has legs and a lot of punters are waiting on the sidelines for another catalyst that will determine ASF's short term direction.

ASF_Breakout.jpg
 
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