Australian (ASX) Stock Market Forum

Thanks Aussie Ostridge as noticed above article was from 1 year ago...

Ironically, since been recently 'tipped by Port Philip Publishing' (from what I've heard) based on recent positive company announcements etc. whereby they articulate compelling reasons why (they believe) BFC is now a 'strong buy' whilst outlining the risk/reward potential for investors etc.

Company is due to report soon and I'm simply following the 'money flow momentum' which at this stage is bullish (wonder what they may know that perhaps we don't just yet!? perhaps a sign of potential 'good news' around the corner?)....

Importantly, the "trend is your friend" in trading/investing as I see it so I'm in for the ride.

Best Wishes, tela

No worries, thanks for your stock assessment.
I'm not sure what 'tipped by Small Cap Investigators' would indicate, from my experience they are a bit hit & miss, I'm still holding a bunch of their lagers... not LNC though; never owned. My biggest complaint about that particular tipsters rag is the stop outs are far too low. Now if you had said tipped by QuantTraders I would definitely take notice. I back tested their stock buys over 5 years and found they nailed every break out preceding substantial sustained new highs, I don't know what their stops are though, but they seem very focused on profit not losses or lengthy journalistic write-ups...

BFC came in on my own 'potential break out' scan (two week new high) so was drawn to this forum. Looks interesting but early days for BFC as a listed company, if BFC can break out over recent highs of around 0.58c then will be a good longer term trade. I note the are probably a good short term trade currently (although a weekly doji indicates indecision) possibly up to 0.58c resistance levels at some point.
 
Here is a chart that looks interesting.

BLY.png

Other companies (ASL & NWH) in mining have fared well recently. F/A is a little scary, but maybe worth a look in the morning.

Cheers,
Wyatt
 
Here is another with a 3.4% divvy.

CCP.png

I do like this thread, so keep em coming folks.

Cheers,
Wyatt
 
PGC - Paragon Care

Paragon has been in a trading range for almost 1 year now (see weekly)

Looks set to move towards the top of this range and follow the rest of the healthcares stocks higher.

Did notice a feeder around 0.72 so will have to get through that line of stock first.

Fundamentals seem favourable with their acquisition strategy translating to bottom line profits.

Trade The Tape!

View attachment 67574

View attachment 67573

PGC Update

Paragon broke out & now has come back inside the flag pattern.

That feeder must still be distributing stock or its a trader flush :)

Happy Trading
 
LAU potential breakout to fresh 52 week highs with sp currently @ .52c (+8.33%) and seller's almost gone... showing 28 buyer's vs only 5 seller's!

Announced increase in profit guidance by between +30%-35% anticipated for year ending 30/06/2016.

Please DYOR as always.

Cheers tela
 
LAU potential breakout to fresh 52 week highs with sp currently @ .52c (+8.33%) and seller's almost gone... showing 28 buyer's vs only 5 seller's!

Announced increase in profit guidance by between +30%-35% anticipated for year ending 30/06/2016.

Please DYOR as always.

Cheers tela

Stochastic Oscillator
%K(14,3): 73.3+ %D(3): 68.9+
RSI (14) : 55.6+
"Suggests LAU is BULLISH in short-term; and BULLISH in mid-long term".

http://au.investing.com/news/stock-...dsay-australia-provides-profit-guidance-37121

http://au.investing.com/equities/lindsay-australia-ltd

Please DYOR .. Cheers tela
 
KMD looking to break higher out of the Basing pattern. Better volume today so ideally this will continue. Basing patterns have been doing very well of late.
 

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Thanks Aussie Ostridge as noticed above article was from 1 year ago...

Ironically, since been recently 'tipped by Port Philip Publishing' (from what I've heard) based on recent positive company announcements etc. whereby they articulate compelling reasons why (they believe) BFC is now a 'strong buy' whilst outlining the risk/reward potential for investors etc.

Company is due to report soon and I'm simply following the 'money flow momentum' which at this stage is bullish (wonder what they may know that perhaps we don't just yet!? perhaps a sign of potential 'good news' around the corner?)....

Importantly, the "trend is your friend" in trading/investing as I see it so I'm in for the ride.

Best Wishes, tela

Looking at the weekly chart, I'd say this is trading sideways rather than trending.... don't see what you want to see but see what is actually there ;)
 
SRI Breakout alert > .03c this morning on 10.97mill volume traded thus far... please dyor as always

Cheers tela
 
Mayne Pharma:
Ascending Triangle in top Darvas Box,
Possible successful break of resistance on the 4th attempt.

MYX n 05-08-16.png
 
SRI Breakout alert > .03c this morning on 10.97mill volume traded thus far... please dyor as always

Cheers tela

SRI Breakout points at 2.7c ..and 2.9c .. on 10m Vol .

a close over 3c on 11m+ Vol = Breakout into a new uptrend ....continues .

Does look good on Charts ..to test its old tops at ...4.5c then 5.5c

DYOR
 

How's that reputable newsletter tip going Tela? Doesn't look like too much buying is happening (especially today)... Always be careful when you see people advising you to buy. Think about what their motivations are..... it's not usually to make you money I can tell you that much!
 
How's that reputable newsletter tip going Tela? Doesn't look like too much buying is happening (especially today)... Always be careful when you see people advising you to buy. Think about what their motivations are..... it's not usually to make you money I can tell you that much!

Hey Nortorious, what can I say.. as you did pre-empt about being cautious regarding these so called 'newsletter tips' so got to hand it to you... Fortunately, my stop loss got triggered on BFC before closing down -16%! ouch .......... thanks tela
 
Hey Nortorious, what can I say.. as you did pre-empt about being cautious regarding these so called 'newsletter tips' so got to hand it to you... Fortunately, my stop loss got triggered on BFC before closing down -16%! ouch .......... thanks tela

Well I'm glad you used a stop loss Tela. 16% is nothing compared to a 70 or 80% burner..... You are still in the game and fine to fight another day and take another trade.

Risk management is everything in this game and given you have stops already in your approach, I'm sure you are on the path to success.

It's the little lessons like this one over time that will make you a good trader. I'm still on the path myself ;)
 
Hey Nortorious, what can I say.. as you did pre-empt about being cautious regarding these so called 'newsletter tips' so got to hand it to you... Fortunately, my stop loss got triggered on BFC before closing down -16%! ouch .......... thanks tela

There was a big "heads up" on the 29th on the BFC daily bar chart.

When you look at and compare the open, the high and then the close with a volume of three times that of the previous day - them's not buyers ;)
Probably the newsletter producers :eek:
 
Well I'm glad you used a stop loss Tela. 16% is nothing compared to a 70 or 80% burner..... You are still in the game and fine to fight another day and take another trade.

Risk management is everything in this game and given you have stops already in your approach, I'm sure you are on the path to success.

It's the little lessons like this one over time that will make you a good trader. I'm still on the path myself ;)

Absolutely... having unfortunately learnt the hard way year's ago in holding onto a losing position for ever in eventually selling out for a 90% loss - never ever again.

Only problem with stop losses are:

I recently bought FTT on chart breakout above 4.5c and the following day sp got sold down to 4.1c (consequently triggered my stop loss).... lo and behold the next day sp hits 5.7c !? so seems an injustice at the time....... not pleased let me tell you. Happy for FTT holder's nevertheless......... Cheers!
 
Hi All,

I am thinking about an entry into this one. Diverse co. with 2% divvy and volume building.

ALQ.png

Thoughts?
 
Hi All,

This looks to be a very interesting weekly chart, because on the left side of the cup and handle looks to be a piece of Toblerone!

CUV.png

Cheers,
Wyatt
 
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