Tuesday, March 10, 2015

ASX Stocks to Buy - Week Ending 23 September 2011

Our positions are trading well this week with only one new stock to add to our watch list, I look forward to your feedback and comments

RSG @ $1.775
Stock still trending up, we will hold our position.

PRU @ $4.00 
Stock still trending up, we will hold our position.

RMS @ $1.695
This stock has broken $1.65 resistance, we will continue to monitor for continued days above $1.65 as we consider an entry into this stock. 

SLR @ $2.79
This Stock broke out strongly above the $2.60 level, previously commented. BUY if the stock has a low above $2.80.

TRY @ $4.65
Stock still trending up, we will hold our position. 

MEL @ $0.37
The stock has had a small retrace, but did not break previous day (black candle) high, will hold position, trend still looks to be moving down.


This week there is only one new stock to add to our watch list, as follows

SAR @ $0.80
This stock has been trending up for 8 weeks setting higher peaks and higher troughs. The stock is currently at a stock resistance level at $0.80-$0.81, it also has resistance at $0.88.
We will monitor but I will not be buying until both levels are broken.


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