PIL testing a breakout, recent sustained volume after good announcement seems to be the driver.
HRL Holdings has begun to look very bullish, establishing a good uptrend, trading at recent highs, big volume in recent weeks. IOOF have become a substantial holder. Very little resistance at current prices as previous spike to 20c was on light volume. I hold.
Nice bull flag formed in the intraday chart. Target of 10.5c if it plays out. needs volume. FA is decent with a revenue upgrade recently and cashflow positive in March. I continue to hold.
Could be a ice breakout trade if the wedge breaks to the upside on volume.
PKD has broken out today on record all time high volume. Look for continuation of the breakout. News flow expected to increase as the business begins to gain traction.
Following on from the reversal setup a few days ago, ACW has confirmed the reversal with a higher low. Should see continued rise, albeit slowly, driven by improving FA and expectation of trial results and updates.
A very clear breakout on volume for ACW today. Looks like selling has eased off. Should push higher on sustained volume. look for a confirmation in coming days. Good FA behind this one.
Decent rejection of lows on good volume. Following on from cap raise at 6.3. May see some supply still, but the small raise and strong FA regarding accelerated growth could see it run away from the CR price.
ACW has put in the early stages of a reversal. Low rejected on good volume. Next few days will confirm this possible reversal. Good FA and expectation of results mid year should provide a good catalyst. It appears some value is being seen at current share price. Interesting one to follow.
Nice Bull flag has formed on K2F, price has bounced very well off 50 day MA. Seems to be in a holding pattern ahead of expected news re SAP integration.
Nice pennant forming on K2F, volume increased slightly last session, could be due for a breakout shortly. Has weathered the US storm well this week, highlights the strong FA behind the stock. Pennant target about 55c.
SM8 recently broke through a long standing down trend line, and during the US sell off no less. Currently completing a cap raise so cash isn't a concern. MC under $4m for what looks to be a turn around story.
Nice flag has been formed on TTL. Should see a breakout in the next few days (unless the markets shit themselves in general). Looking for a target of 6.3c+
Recent IPO PKD is respecting an upward trendline, the stock is getting very tight at current prices, very few sellers and some keen buyers catching any dips. slowly heading higher. Watch for this one to breakout soon.
3DP looks to have found some support and has the marks of an early consolidations range before a push higher in the new year.
YOW has broken out of a significant, long term down trend. This follows a very positive Ann on improved sales coverage in the US. Should see a good increase in revenue in the first half of next year.
3DP behaving very nicely, i'd like to see a little more sideways action, another higher low before an attempt at a new high. Good strong FA behind this one. should be much, much higher in 6-12 months.
BUD has formed a pennant and will have a target of 44c if it breaks out on good volume. Very good FA announced yesterday should provide the needed push.