BGT has had an increase in weekly volume and buying interest, closing well above 50d ma and approaching a test of highs of last Sep around 20-22c. Positive news around trials for pest control in grain products.
KZA has broken well under the 50d MA and pending lack of any news and May sellers taking profits, this is now looking to test 200d MA around 1.190.
AMA is a decent long-term stock that has just been sold down to long term support levels of low 40s. Director buying above this level, and should this fall through 40c, expect a test of 30c, which should be bottom of the barrell for this business that has decent fundamentals in the automotive space.
Sugar has resumed its tear upward after a dip last month. It has now surpassed highs not seen for 4 years and is encountering some resistance from old levels around 18500. Should it surpass this, then 19000 and 20000 are in sight. Soft commodities also benefiting from dollar weakness and inflation.
HT8 has closed well under the 200 day moving average, and is now looking to break new lows and test major support at 10c. Should this be broken, then the next support level would be around 8c. This would be a good buying opportunity for once tech stocks and tech equipment picks up again in future.
MZZ has crossed the 50d MA and formed a Golden Cross with the 200d MA. Helped by the price of gold increasing over the last week, MZZ could continue long to test 6 month highs back in November last year when the price of gold was higher. This is a good stock underpinned by actual results, and should continue along with any increases in Gold pricing.
GLV had some good news several months ago, and went from 2c to 4c in a month. Since then, CR flippers have sold out and there's been a lack of concrete news, with the stock closing below the 50 day moving average. The price today closed below the 200d MA solidly, and indicates some EOY selling most likely. This should keep going to test support arount 1.5c then...
Ontology has been undervalued and underrated for months now, as the whole crypto sphere boomed. But that time is over now, up 27% today and over $2 a token, ONT has relevance in practical use, and is built on the NEO platform. Watch this one re-rate further as time goes on. My opinion over $5 medium term.
KRM hit highs several months ago, then dipped into consolidation and has now bounced again on good volume to hit 52 week highs again. The company has been in decent shape for a year or so, with cash in the bank, low PE (for mining), Price/Assets and Implied Growth ratios. Still only 45 Million market cap, KRM has room for further upside.
IAG has been lagging for a while, but today closed above the 50d MA and made a two month high closing above 5.00 May be riding the banks and financials trend at the moment and could aim above the 200d MA next and over 5.50 as a test.
CF1 has broken out into a 2 month high today and closed above 50d ma with above average volume. It has also closed at around the level of Director buying previously.
RNU closed below the 50d ma, and on considerable volume seems to be following other players such as EGR down. Looks to be testing support around 7c, and if it breaks there, it may be headed to test the 200d MA at lower levels around 50c. Buying opportunity at those levels.
NEO took a beating recently with the overall crypto shake, but held its ground very well— days below $60 well and truly gone now, and bottom looks to be $80. Assuming no more big tree shakes, NEO should hit $120 again shortly, and test highs of $150. ETH also helping this cause.
The price of Tin, along with accumulation in this stock over the last month has pushed SRZ over a 1 month high resistance level. The next resistance zone would be in the mid 30s. Sitting now above the 50d ma and 200d ma.
Unexpected Qtr results for IBX- lack of patients for testing. Punters believe this may keep the price down in the lower 9.5-11c range for a while yet until decent tests are conducted in future. This stock was always going to be a risky stock, but has a good following and may hold up above 10c. Watch the next week or so.
Recent volume and new highs from WCN may warrant keeping this on your watch list. Although results were not impressive last time around, it seems that some are buying up now in the event that good results do show up in the near future. Closed above the 50d MA. Good volume above average for last week.
ANX closed today with good volume well above 50d ma, and touching on new highs over the last few months. This ran hard several months ago on decent results, and has been consolidating since then. This breakout could signla Anax's next move up and beyond 10c.
LTR looks to be headed further down.. possibly to meet the 200d MA. Expecting support around the next sig level of 35c. Lack of news and increased competition in this space may be driving down the stock.