Lithium will be the new oil and this company has alot of it!As the world moves towards electric cars and phases out the oil industry Lithium will become more and more valuable. This company has found a massive Lithium deposit in the area it has land rights to mine in, the area already has roads and shipping infrastructure. Moving forward this companies shares can be expected to rise to around the $1-4 market like similar companies in the area.
Time to enter ASX:CSL ⁉️Last week, CSL management received positive feedback and the stock is currently in a base. While there is no confirmation of a new trend, the risk-reward ratio is favorable to add a small amount and let the market guide for further additions. I will only add up to 50% of my position in the low base, so if the stock fails to reach its all-time high, I will still have some gains to take away. The stock symbol is $ASX:CSL.
Disclosure: I am investing in my super account for the first trance I cannot provide any recommendations to buy or sell. It is essential for you to conduct your own research.
29 Metals - Short termCurrently going through wave 4. Once it retraces to 23.6. one can initiate long positions. Remember wave 3 was extended so wave 5 might not be that huge. After wave 5, correction waves A, B and C will commence. But the underlying bullishness in commodities can always extend wave 5 and the correction may end up being smaller. Will make further updates when I get some more time.
Rocketdna ltd December happy holidays analysisBig thing comes in small packages Rocketdna ltd a growing drone company that operates by scanning ongoing mining/infrastructure projects. Both fields have constantly changing environments that operators must navigate through.
- Regulations approved license
- 1.1 million invested from institutions at 0.009 in early december
- A growing need in this field especially with the safety of mining workers. In Australia whenever there's a death in the mines the company is required to pay upholds of 1.2 million in damages.
- Some big mining companies are using them with contracts of 5 years like Red 5 and south32.
- Experience of 11years in the field.
- An exciting 2024 indeed.
Breakdown example - LH and LL ..ASX:S32
The chart for ASX:S32 shows a pattern of lower highs and lower lows.
This information is essential for investing and trading.
It is advisable to avoid focusing on this stock and instead focus on other options.
This will save you time and give you peace of mind.
#investing #avoid #trading #pwinvest $ASX:S32X:S32
The Gold TradeA predictable setup for a Junior Miner given the bullish setup as evidenced with other charts of Gold against various assets including but not limited to the Dollar. Reasonable price targets would be anywhere from 0.23-0.52c (AUD). This is as much speculative bet on Gold as it is on the stock (perhaps even more so). As indicated by both the Chart timeframe (Weekly) and the RSI bullish divergence (since Sept 2022), this would be conventionally understood as a Positional Trade expected to last atleast a Quarter if not two going into next year. The time duration would also explain the exceptionally high price target for this trade however it is not unusual for Gold Miners in particular Junior Miners to appreciate in value of this magnitude under the appropriate market conditions, which should be stressed are themselves exceptional times and not the norm as is evidenced by the GDXJ ETF Chart over the past decade.
DYL Daily Weekly 5 Wave TargetsDYL looks to be rallying again on the back of Uranium gains
There is a clear 5 wave pattern with no overlap of wave 2 and 4
Using Fibonacci extensions of Wave 1 from 4
Wave 1-3 from 4
And Wave 4 from 4
We end up with 2x key levels to watch for potential targets
I will be looking to scale out of some of my position around those levels
Finer Market Points: ASX Top 10 Momentum Stocks: 14 Dec 2023AMEX:TTT ASX:MKR SET:PLT NYSE:GHY ASX:RIM ASX:TSO ASX:ZIP ASX:SIG AMEX:VHT NYSE:ERO
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly on Fridays.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
Titomic Limited (TTT): A global leader in additive manufacturing, also known as 3D printing, specializing in cold spray technology. Titomic builds, repairs, and coats parts for a variety of industries, including aerospace, automotive, and defense. Their clients include major players like Airbus, Boeing, and CSIRO.
Manuka Resources (MKR): A gold and silver producer operating in the Cobar Basin, NSW, Australia. Manuka recently began production and owns the only fully permitted and operating processing plant in the southern Cobar Basin. They also have several prospective gold and silver targets for future development.
Plenti Group Limited (PLT): A financial technology company specializing in consumer and auto loans, renewable energy financing, and other lending services in Australia.
Gold Hydrogen (GHY): Working on a century-old discovery by-product of SA State Department oil exploration in SA, which is a natural hydrogen gas discovery, now exploring with modern technology.
Rimfire Pacific Mining (RIM): A critical minerals explorer in New South Wales, Australia. Rimfire is actively seeking nickel, cobalt, scandium, copper, gold, and platinum group elements (PGEs) within the Lachlan Orogen and Broken Hill districts. They have a 100% owned Green View Cobalt Project located near Broken Hill and are exploring other promising targets.
Tesoro Gold Ltd (TSO): A gold exploration and development company with a focus on the Tanami Desert of Western Australia. Their flagship project is the Nyidingya gold deposit.
ZIP Co Ltd (ZIP): A leading buy now, pay later (BNPL) provider in Australia and New Zealand.
Sigma Health Ltd (SIG): A diversified healthcare company with a focus on pharmacy, wholesale distribution, and animal health.
Volpara Health Tech (VHT): A leading provider of breast imaging software and artificial intelligence solutions for early breast cancer detection and risk assessment.
EROAD Limited (ERO): A provider of fleet management and road user charging solutions for the transportation industry in New Zealand and Australia. EROAD simplifies operations, boosts safety, and cuts costs with telematics, compliance tools, and real-time data.
$SBM 0.190 GOLD MC $145m cash at hand $236MHow this has stayed down for so long is pretty impressive, big boys play HARD
Cash balance of $236 million as at 30 September 2023 (0.30 ps)
Sure theyve had/got issues BUT they got cash money too
770m SOI
Aside from the funnymentals
Chart looks ready for a leg up with target at 30, nice lil gainer with the potential for a TO offer, ehh we'll see
14/12/23
In the open hour theyre already at double yesterdays total daily volume, id be exceptionally surprised if this doesnt hit beast mode today
ASX $TLS -Telstra Restructuring and Question mark on Growth Telstra Corporation Ltd
ASX: TLS ASX:TLS
- Telstra 5G wave could do a trick...
- Telstra planning to push for 5G instead of fixed broadband telecom line.
- Restructuring for TLS has been painful but surely step in the right direction.
- Dividend policy has been reviewed that shows that TLS management may be aiming for growth and giving competitors run for their bucks.
2X move incoming for Silex?We've seen a series of bull flag breakouts as Silex has climbed up during the recent Uranium bull market. Each move up has seen at least a 100% increase in share price from trough to peak. The most recent break upward is supported fundamentally by news of the US House of Representatives passing a ban on Russian enriched uranium imports, which can be seen as bullish for Silex's GLE project.
$SLR 1.085 decision timeSLR, they dig holes, get stuff out and sell it
And they own 11% of RED 5
But more importantly the chart is now coming into a decent shape, with a great recovery after the more recent touch up
Holding from 1085
STT Target in red +17%