Daily Recap

by Olivier on April 13, 2009

Excellent move for FEED – AgFeed Industries today. I’ve added annotations on my public list chart for a possible target area to watch. Although I haven’t added any charts to my list tonight JNX.V – Junex had an impressive move today and came up in my scans. Some of the surrounding area plays are also up 30 – 50%. It’s too early to draw conclusions but there might be something up. Volume is telling the story. So I am listening. I am closely monitoring the two biggest plays:

  • QEC.TO – Questerre Energy
  • JNX.V – Junex

If gold can follow through and move further away from the 850 support the mining stocks should be able to move to the upside. If they do I’ll be looking to add to my positions in

  • UXG – Us Gold
  • WTM – West Timmins Mining

Buying pressure with WTM.TO – West Timmins Mining is impressive. The path of least resistance is a break out to the upside.

Have a great evening!

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