Australian (ASX) Stock Market Forum

Given all that, the stock is still worth watching from a break out point of view ....

Hopefully a few others got on board this last Friday arvo. The breakout is now confirmed so I'll post any further stuff on the LSR thread.

Been a while between drinks so a pleasant day at the office for me.

At least today's rise paid for some of my daughters wedding:)
 

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BGL showing some good strength in he past couple months. could be ready to breakout above former highs circa 95c

BGL.PNG
 
BRN coming out of a basing pattern looks to be forming an ascending triangle and volume drying up. look for breakout around 38cents

brn.PNG
 
RMD looks ready to make another push higher.

RMD 2015-11-25.gif

Observation: Numerous stocks signalling bearish divergence over the last 3 days although RMD is not one of these.
 
CCF triangle been forming for several weeks really narrowed down now. Could blow either way. trend is up though.
sorry can't post the chart.
 
Worth keeping an eye on BNR at the moment.

Poised around the 0.06 mark after a recent "look" at that price. Tightly held and No stock for sale at these levels currently.

20% interest with Pantoro (PNR) in what is shaping up to be a nice gold mine. Looks ripe for a takeover offer at some point in the future.

No time to post a chart but will update later if it still looks interesting.

(discl. I hold)
 
Worth keeping an eye on BNR at the moment.

Poised around the 0.06 mark after a recent "look" at that price. Tightly held and No stock for sale at these levels currently.

20% interest with Pantoro (PNR) in what is shaping up to be a nice gold mine. Looks ripe for a takeover offer at some point in the future.

No time to post a chart but will update later if it still looks interesting.

(discl. I hold)

If it closes above the 0.062c today, then it will confirm that it is in another positive (leg up) phase. Looking at it over a 3/4 year span then in some peoples eyes it is forming a cup & handle pattern. Personally, if I had some money that I could afford to lose then I maybe interested buying in but that would be after seeing what the fundamentals of the company were like;). Remember, it is always a risk buying into illiquid stocks like this one.

Remember to do your own research before purchasing stocks or alike.
 
If it closes above the 0.062c today, then it will confirm that it is in another positive (leg up) phase.

As you say Piggy, it did in fact close above 0.062 and it does look like it might have legs. The liquidity, or lack of, is possibly the only thing in question in the short term, but given the lack of Sellers and the fact that it has had minimal trading at these low levels over the past year or two, it looks ripe for a positive move. Time will tell.
 
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