NOTE: As I'll be on holiday's for the next 4 weeks, the next edition of ChartWatch ASX Scans will be Wednesday 30 July β±οΈ
Ciao, au revoir, auf wiedersehen π!
I'm setting off for a European holiday tomorrow for 4 weeks for some culture, sun, sand, and mountain vistas. I trust that in the meantime, you'll continue to watch the charts and follow the trends.
Today's edition is chock-full of small cap mining stocks. It's kind of the great thing about trend following and not caring one iota about what a company does – you don't get hung up on perceptions of size, quality, value, or any other fundamental trait.
After all, if the price is in a strong uptrend, it's because there's more demand than supply. I simply trust there's a very good reason for all that demand and it's the exact same reason why existing shareholders don't want to supply.
I also trust that until our next encounter, you've learned enough by reading these updates to put you in a great position to apply my technical model yourself. I look forward to continuing our journey together when I return, and indeed, to expanding ChartWatch into a regular weekly webinar series in ChartWatch *LIVE*. Ciao! π«
Welcome to my ChartWatch Daily ASX Scans series. Here I present scan lists based on my trend following technical analysis methodology. My goal is to alert you to the best uptrends and downtrends on the ASX.
Feel free to get your favourite AI to convert the tables below into lists you can upload to your favourite trading platform like TradingView. Then you'll be able to skip from chart to chart and quickly and easily see the best uptrends and downtrends on the ASX.
Some investors prefer to buy those stocks in strong uptrends, and avoid, sell, or short sell those stocks in strong downtrends – but how you use the lists is really up to you!
Note, many stocks in both lists have appeared there many times before. As long as they keep meeting my criteria – they'll keep appearing. But note, there won't be any notifications when they don't, so you'll have to do your own research on when a particular trend changes!
Company | Code | Last Price | 1mo % | 1yr % |
Adriatic Metals | ADT | $5.55 | +10.8% | +39.4% |
Australian Ethical Investment | AEF | $6.28 | +7.2% | +44.4% |
Almonty Industries | AII | $3.95 | +41.1% | +558.3% |
Aspen Group | APZ | $4.03 | +17.2% | +125.8% |
BCI Minerals | BCI | $0.350 | +20.7% | +55.6% |
Brazilian Rare Earths | BRE | $2.42 | +21.0% | -12.3% |
Bubs Australia | BUB | $0.180 | +38.5% | +38.5% |
Cedar Woods Properties | CWP | $7.24 | +11.7% | +55.7% |
Droneshield | DRO | $2.39 | +100.8% | +45.7% |
Deep Yellow | DYL | $1.710 | +22.1% | +25.3% |
Emeco | EHL | $0.840 | +11.3% | +13.5% |
Global X Physical Platinum ETF | ETPMPT | $196.04 | +25.7% | +43.7% |
EVT | EVT | $16.58 | +6.7% | +46.3% |
Green Critical Minerals | GCM | $0.024 | +71.4% | +300.0% |
Global X Artificial Intelligence ETF | GXAI | $12.97 | +6.2% | +24.1% |
Helia Group | HLI | $5.52 | +7.2% | +55.0% |
Hub24 | HUB | $86.64 | +6.9% | +90.1% |
iShares Asia 50 ETF | IAA | $125.51 | +7.8% | +24.2% |
IVE Group | IGL | $2.79 | +7.7% | +51.6% |
Kelsian Group | KLS | $3.78 | +23.1% | -24.4% |
Kingston Resources | KSN | $0.140 | +27.3% | +72.8% |
Locksley Resources | LKY | $0.088 | +79.6% | +166.7% |
Vaneck Australian Banks ETF | MVB | $42.26 | +6.0% | +20.6% |
New World Resources | NWC | $0.059 | +25.5% | +84.4% |
Pepper Money | PPM | $1.770 | +16.0% | +29.0% |
Peak Minerals | PUA | $0.026 | +36.8% | +1194.3% |
Qoria | QOR | $0.490 | +22.5% | +12.6% |
Resmed Inc | RMD | $39.97 | +4.8% | +44.1% |
Global X Robo Global Robotics & Automation ETF | ROBO | $78.67 | +3.0% | +8.8% |
Global X Semiconductor ETF | SEMI | $18.97 | +15.3% | +1.3% |
Silex Systems | SLX | $4.44 | +26.9% | -14.3% |
Saturn Metals | STN | $0.380 | +22.6% | +105.4% |
Symal Group | SYL | $1.790 | +6.5% | 0% |
Torque Metals. | TOR | $0.155 | +19.2% | -22.5% |
Ventia Services Group | VNT | $5.05 | +6.1% | +29.5% |
WA1 Resources | WA1 | $15.62 | +16.1% | -9.6% |
Westpac Banking Corporation | WBC | $34.57 | +8.8% | +27.3% |
Wagners Holding Company | WGN | $2.25 | +9.8% | +181.3% |
The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: Adriatic Metals (ASX: ADT), Almonty Industries (ASX: AII), BCI Minerals (ASX: BCI), Brazilian Rare Earths (ASX: BRE), Bubs Australia (ASX: BUB), Cedar Woods Properties (ASX: CWP), Droneshield (ASX: DRO), Global X Physical Platinum ETF (ASX: ETPMPT), Helia Group (ASX: HLI), Kingston Resources (ASX: KSN), Peak Minerals (ASX: PUA), Resmed Inc (ASX: RMD), Global X Semiconductor ETF (ASX: SEMI), Torque Metals. (ASX: TOR), Wagners Holding Company (ASX: WGN).
Company | Code | Last Price | 1mo % | 1yr % |
Acrow | ACF | $0.960 | -6.3% | -9.4% |
Avita Medical | AVH | $1.485 | -23.8% | -39.6% |
Bellevue Gold | BGL | $0.870 | -7.9% | -54.6% |
Guzman y Gomez | GYG | $28.04 | -9.4% | -2.6% |
Infomedia | IFM | $1.150 | -9.1% | -29.4% |
Imugene | IMU | $0.011 | -35.3% | -80.0% |
Polynovo | PNV | $1.165 | -9.3% | -51.7% |
PWR Holdings | PWH | $6.35 | -5.8% | -42.0% |
Step One Clothing | STP | $0.645 | -16.2% | -51.3% |
Strike Energy | STX | $0.145 | -14.7% | -32.6% |
WEB Travel Group | WEB | $4.49 | -4.1% | -42.4% |
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