Today I am going to introduce a special search called "Ballistic New Highs" if you have GUTS to play micro-cap.
This search finds all stocks hitting a new 52 week price high in ASX. The stocks are sorted by Closing Price divided by Stop Price. The stocks that are at the top of the list have a closing price well above the Stop Price.
To consider a bottom entry, I'd consider the stocks prices below $0.10.
On 7-Nov-2017, the stocks listed as below:
KFE> RT= 1.40 Materials (Dvrsfd Metals/Mng)
WBT> RT= 1.40 InfoTech (Semiconductors&Equip)
POS> RT= 1.41 Materials (Dvrsfd Metals/Mng)
RLC> RT= 1.38 Materials (Dvrsfd Metals/Mng)
CLL> RT= 1.41 Materials (Dvrsfd Metals/Mng)
As there are 4 out of 5 stocks are categorized at Materials, therefore I use ASX 200-Materials index for a market trend comparison.
We have a Market Timing Confirmed Up signal on 9-Oct. Most of the stocks here skyrocketed to new highs.
This search finds all stocks hitting a new 52 week price high in ASX. The stocks are sorted by Closing Price divided by Stop Price. The stocks that are at the top of the list have a closing price well above the Stop Price.
To consider a bottom entry, I'd consider the stocks prices below $0.10.
On 7-Nov-2017, the stocks listed as below:
KFE> RT= 1.40 Materials (Dvrsfd Metals/Mng)
WBT> RT= 1.40 InfoTech (Semiconductors&Equip)
POS> RT= 1.41 Materials (Dvrsfd Metals/Mng)
RLC> RT= 1.38 Materials (Dvrsfd Metals/Mng)
CLL> RT= 1.41 Materials (Dvrsfd Metals/Mng)
As there are 4 out of 5 stocks are categorized at Materials, therefore I use ASX 200-Materials index for a market trend comparison.
We have a Market Timing Confirmed Up signal on 9-Oct. Most of the stocks here skyrocketed to new highs.