RiskMastery's Breakout Stocks - FFG EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at ASX:FFG ...
I believe this code is at a point of potential volatility.
If price can hold above $0.035 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.046 (Conservative)
- $0.059 (Medium)
- $0.081 (Aggressive)
If however price falls below $0.022 ... Bearish risk potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
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FFG trade ideas
Finer Market Points: ASX Top 10 Momentum Stocks 17 Jan 2024ASX:KM1 ASX:FFG FWB:CXU EURONEXT:ERA BSE:AKM BCS:LTM NASDAQ:CZR MIL:BRE NYSE:BIO SIX:SMI
Momentum is still surging through the market! These ASX stocks have been the fastest-growing companies over the past 90 days, proving their mettle and potential. Remember, these leaders began their rise by shining on our Launch Pad list, published weekly on Fridays.
Today's ASX's Top 10 Quarterly Momentum Stocks:
Kalimetals Limited (KM1.ASX): A hard-rock lithium (spodumene) explorer actively seeking deposits across Western Australia, New South Wales, and Victoria. Their diverse land package positions them for potential near-term discoveries in the high-demand lithium market. (October 25, 2023)
Fatfish Group (FFG.ASX): A modern-day venture builder and investor, empowering innovative startups across diverse sectors. From esports and online insurance to cryptocurrencies and BNPL, Fatfish guides promising entrepreneurs with their expertise, network, and strategic support, propelling them towards global success. (October 24, 2023)
Cauldron Energy Ltd (CXU.ASX): A multi-pronged explorer tackling both clean energy and critical minerals. In Western Australia, they seek uranium for a clean and secure energy source. They also explore for battery minerals like nickel, copper, and platinum group elements, offering diversification. Additionally, their portfolio includes mineral sands projects, further broadening their reach. (October 23, 2023)
Energy Resources Limited (ERA.ASX): Leading the charge in uranium exploration and development, ERA is committed to providing a clean and secure energy source. Their flagship Ranger 3 Mine in the Northern Territory is a cornerstone of their operations. (October 22, 2023)
Aspire Mining Ltd (AKM.ASX): An iron ore exploration and development company focused on the Pilbara region of Western Australia. They prioritize environmentally sustainable practices and community engagement while aiming to become a reliable supplier of high-quality iron ore. (October 21, 2023)
Arcadium Lithium PLC (LTM.ASX): A high-grade lithium explorer making waves in Namibia, a rising star in the lithium world. Their focus on high-grade resources and efficient extraction methods makes them a promising player. (October 20, 2023)
CZR Resources Ltd (CZR.ASX): A diversified mining giant focused on gold and copper projects in Western Australia. CZR's commitment to exploration and resource expansion continues to drive their momentum. (October 19, 2023)
Brazilian Rare Earths Ltd (BRE.ASX): A key player in the rare earths space, BRE is developing projects in Brazil, a major source of these critical minerals used in advanced technologies. Their focus on responsible mining practices sets them apart. (October 18, 2023)
Biome Australia Ltd (BIO.ASX): A biotech company developing novel cancer treatments, Biome is harnessing the power of the human microbiome to fight disease. Their personalized approach and promising clinical trials hold significant potential. (October 17, 2023)
Santana Minerals Ltd (SMI.ASX): Exploring and developing the Bendigo-Ophir project in New Zealand, aiming to become a long-life, environmentally sustainable gold mine. (October 16, 2023)
FFG - Possible reversal in playFFG appears to be trying to reverse the bearish trend it has been following for over 18 months.
Price action since June has established clear bullish divergence on the weekly RSI and the recent lows have filled the gap set in October, price currently back testing multi year support.
Could be a good opportunity for long term investors to accumulate. I am not a trader DYOR
$FFG Tightening Bullish As charted.
Looking bullish with BNPL and many other Technology partner ventures. An interesting business model that co-invests with entrepreneurs to bring them into reality. This has the hallmarks of a Private Equity with inhouse technical capability for Technology companies to progress from start-up to full fledged companies. Will be interesting to watch.