Tipping Competition for Full CY 2019

[aus_trader]

@aus_trader That's unlucky. You shouldn't have let the private equity firm look over your shoulder.

Alas, I've some sad news for you. Unless one of your selections spikes up in the next few days I'm going to scratch you from the updates. The top 5 have left you in their dust.

Yes, got to do my research more underground with a private VPN to keep my research being spied on.

Have to agree Pete, I am just hoping for a high premium Take Over or a Merger for one of my 4 picks similar to what happened to NVL

 

[peter2]

8 trading days until the EOY.

Monday Dec 16th: @myrtie100 takes the lead with NEA surging higher.
Tuesday Dec 17th: The market drifts lower taking all the top 5 down.

Check in here to get your daily dose of real life drama. The top 5 are within a tight 8% range.
Who is going to break-out and take the win?
Who is going to break-down and out of the comp?

 

[aus_trader]

8 trading days until the EOY.

Monday Dec 16th: @myrtie100 takes the lead with NEA surging higher.
Tuesday Dec 17th: The market drifts lower taking all the top 5 down.

Check in here to get your daily dose of real life drama. The top 5 are within a tight 8% range.
Who is going to break-out and take the win?
Who is going to break-down and out of the comp?

View attachment 99109

Thanks for keeping us informed Pete , I'll be watching these guys to the finish line at the edge of my seat despite being knocked out a long way from the top5 myself. I think still in the top10, so not throwing the innings away until the last ball is bowled...

 

[myrtie100]

Fingers-crossed, today's bar is just testing that trendline with it's below average volume.
It really needs to break through this area, controlled by the high volume & range candle on the left.

Disclaimer....again this may be my rose-coloured view

 

[tech/a]

Hi M
Just a common consolidation pattern I think.

 

[myrtie100]

Yes, possibly @tech/a
But you never know...

 

[aus_trader]

Yes, possibly @tech/a
But you never know...

Good luck @myrtie100 and the other contenders, all very close to each other, very exciting finish it'll be...

 

[tech/a]

Hi M
Just a common consolidation pattern I think.

You could also turn it into quite a large Triangle pattern as well.
Which has triggered.
There is also an argument for a Loose formation of a Darvas Box.

Volume analysis also sees a Control bar acting exactly as expected
with price being controlled entirely within its body.

 

[myrtie100]

Absolutely @tech/a , I can see all of those patterns. And I suppose a Davis Box formation is a type of consolidation.

I guess overcoming any bias you may have is the trick and even then it's never certain.

I do think that Volume Analysis can help and is definately something that I'm trying to understand more of.

Thanks for adding your thoughts to my chart

 

[tech/a]

Which of course is analysis from the Tipper who is stone motherless last
with not a single one of 4 picks in profit!!

 

[aus_trader]

Which of course is analysis from the Tipper who is stone motherless last
with not a single one of 4 picks in profit!!

Better luck in 2020 mate. That reminds me, I got to pick my 4 as well

 

[tech/a]

Well on the plus side I cant get any more last!

 

[peter2]

7 days to go and it appears that it is a race between NEA and PNV.
There's a bit of demand for BBN, CUV and CLV as they're off their lows.

The top 5 are now within a 6% range.

 

[peter2]

6 trading days to go. Another day of drifting prices.
Just below the top 5 there are 7 competitors between +60% to +52%.
A takeover offer for any one of their selections could propel them into the top places.

 

[peter2]

5 trading days to go.
The top 3 have maintained their positions during the week. The difference between 1st and 3rd is only 4%. One good or bad earnings update released before the EOY could tip the balance (eg JIN today).

I've only been updating the top 12 so I'm unaware if there's been any huge movers below the top12.

 

[peter2]

While we're thinking about our selections for 2020, have a look at the winners in 2019.


There's no micro-cap stocks, no mineral explorers (except gold), no biotechs, no cannabis, no lithium, no graphite.

 

[myrtie100]

I was thinking about those micro-caps.
They could definately offer huge percentage moves in either direction.
But you'd have to be really lucky to pick one that took off into the stratosphere.

 

[tech/a]

I’m hoping you win M
You’ve been on top longer than anyone !

 

[myrtie100]

Thanks @tech/a

 

[kid hustlr]

Pete is the list of names in that table a formula or have u just manually typed them in?