Australian (ASX) Stock Market Forum

Some short term stocks of interest on the long side

tech/a

No Ordinary Duck
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While most everything will have a run today these came up on my VSA scan as prospects which have seen Double alerts.
Yesterday Shake out
And The day before Strength Coming in

The one chart I have posted is EOD PNA
Other are
CMR
IGC also supported by a nice consolidation pattern
CSS
And CEY with a single alert Stopping volume at the end of a wave 5
 

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Re: Some short term stocks of interest on the long side.

CPU is one that I'll probably play, which may also be of interest with your various analysis methods.

Cheers.
 
Re: Some short term stocks of interest on the long side.

PNA keeps hitting my screen too also for both fundamental and tech reasons i do NOT hold, nor would be looking at entering on this mornings expected flurry
 
I picked up a bit of CEY this morning actually, seemed to be a lot of small bot sell orders (keeping the price down?), and a lot of large buy orders coming through once it's been run down a bit.

Risky to be buying on such a large move I know, however did not receive heavy selling after opening spike as a few others I was watching did.

Watching screen action, I think some accumulation is going on, ready for further moves north -- but doesn't take long to see if you wrong in this market.

Fundamentally, I like CEY as I think it could be quite recession proof - much of it's sales are into the domestic electricity market. It's current plans are to expand more into exports, but if the world market stays depressed at least they'll still have the domestic demand to keep them going.
 
PNA fizzled out this arvo...

tech... is rising volume in bottoming pattern/consolidation good??

reason i ask is PNA ha seen some huge volumes lately.

Cheers
 
Bought 3 on conditional order (Not open).
Sold out 2 at a loss PNA and CEY with CMR still open.
We really need some consolidation.
Very risky trading against this massive trend.

N1spec
We need to see what the next few bars/days do to be sure if its accumulation or further selling.
 
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