NEA.ASX_Range Breakdown_ShortENTRY: 1.15
SL: 1.35
TP: 0.835
- ADX>20
- RSI>30,RSI<50
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Brokedown from monthly CPR on 4 Mar 2022
- Breakdown from range today
- Would like a higher volume
ASX
CDA.ASX_Range Breakdown_ShortENTRY: 7.06
SL: 8.13
TP1: 6.50
TP2: 6.13
- ADX>20
- RSI>30,RSI<50
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Looks unable to go above monthly CPR
- Breakdown from range with high volume today
comparison of ASX clothing/fashion retail stocks.BST BEST & LESS GROUP
Market Cap $378.6M
PE 9.65
AX1 ACCENT GROUP ( Dr. Martens, Skechers, and Timberland.)
Market Cap $888.7M
PE 18.37
CCX CITY CHIC COLLECTIVE (plus sized women’s clothing, 'the Avenue' + 'Evans')
Market Cap $735.2M
PE 24.2
GLB GLOBE INTERNATIONAL
(street fashion, skating equipment, outdoor clothing, and workwear, brands = 'Globe', 'Salty Crew', 'Stüssy)
Market Cap $205.7M
PE 6.18
PMV Premier Investments
(owns the Just Group, which includes the Just Jeans, Peter Alexander, and Jay Jays brands)
28% stake in Breville Group
Market Cap $4.396B
PE 17.9
XJO = ASX 200.
PTM.ASX_Breakdown Trade_ShortENTRY: 2.49
SL: 2.76
TP: 2.3
- ADX>20
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD +ve
- Breakdown of range today with good volume .
- Price below HVN currently.
ALU.ASX_Range Breakdown_ShortENTRY: 30.60
SL: 31.85
TP: 28.91
- ADX>20
- RSI>30,RSI<50
- Daily RS -ve
- Daily FFI -ve
- Weekly RS +ve
- Weekly FFI -ve
- Price action looks like rejected monthly and yearly CPR.
- Breakdown from range with high volume today. Would like the volume to be higher.
BPT breakoutBPT
Level marked on chart from previous zone of interest. ST target into this zone of interest.
-Macro Breakout
-Increasing Volume
-Oil and Gas sector
-ST target market on chart
$MGTMGT
Magnetite iron ore play in South Australia with 5Bln tonnes.
-Falling Broadening Wedge (Bullish)
-0.168 Fib Reversal
-targets marked on Chart
Plan,
Buy on break of falling resistance for confirmation at approx 0.038 entry.
Invalidation of trade or breakout @ approx. 0.035
Technical Analysis of 10 Altcoins in 1 Post! Part 1Hello TradingView Family, this is Richard, as known as theSignalyst.
Today I am sharing 10 Altcoins that I find interesting as per my trading style. I have included the rejection zone and trigger.
The pictures are self-explanatory but feel free to ask me anything in the comment section.
1) MATIC - Polygon
2) BNB - Binance Coin
3) FET - Fetch ai
4) QNT - Quant
5) AXS - Axie Infinity
6) HNT - Helium
7) KDA - Kadena
8) DASH - Dash
9) KLAY - Klaytn
10) HT - Huobi
If you like this idea let me know in the comment section below to share Part 2 next week.
Always follow your trading plan regarding entry, risk management, and trade management.
Which Altcoin do you like the most? and Why?
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$LKE $LKE.axLKE breaking out of a 5 month consolidation period, looks like a 5 month cup and handle pattern
Target is at the 1.414 Fib level and also the "Cup and Handle" Traditional chart pattern target.
Lithium sector and commodities all running hot atm.
Volume is very notable on the breakout also. Adds conviction.
Looking for lower timeframe backtest entry
LLC.ASX_CPR Breakdown_ShortENTRY: 10.06
SL: 10.68
TP1: 9.72
TP2: 9.34
- ADX<20. Would like it to be higher.
- RSI>30,RSI<50
- Daily RS -ve
- Daily FFI +ve
- Weekly RS -ve
- Weekly FFI +ve
- Broke down from current month CPR and ichimoku cloud on 2 Mar 2022.
- Entry based on breakdown from previous month CPR.
ING.ASX_CPR Breakdown_ShortENTRY: 3.34
SL: 3.50
TP: 3.17
- ADX<20. Would like it to be higher.
- RSI>30,RSI<50
- Daily RS +ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD -ve
- Broke down from trendline and ichimoku cloud on 18 Feb 2022.
- Subsequently retraced but doesn't look successful on 22 and 24 Feb 2022, ending with long head.
- Below HVN level currently as well.
- Entry based on breakdown from CPR.
$LOM $LOM.axLom still consolidating above key level.
Daily cable closed above BO2 (Breakout 2)
Looking for a fun with a target to BO1 (Breakout 1)
GOLDGold has broken out on the latest increase in inflation numbers coming from Brandon in the US
Golds short to mid term target is marked on the chart.
PBH : The anti Lambourghini stock.The chart speaks louder than any ASX announcement from the board.
Will more state licensing deals save bagholders?
28/08/2020 jumped 92% in 1d from $6.58 to $12.68 on 27-28 august 2020. PointsBet Partners with NBC
30 oct 2020 to 16 Feb 2021 from $9.49 to $17.22 gain 81%
16 Feb 2021 to 28 Feb 2022 from $17.21 to $3.49, loss 79%
ALL.ASX_Wash and Rinse Trade_LongENTRY: 38.74
SL: 36.77
TP1: 41.42
- ADX>20.
- RSI<50,RSI>30
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI -ve
- Weekly MACD -ve
- On a downtrend since 3 Nov 2021 and currently at strong support area 38.10 which was tested before on 27 Jan 2022.
- Wash candle on 22 Feb 2022 and Rinse candle today.
- Short swing trade on reversal.
- Will be invalid if goes below support area.
CHN.ASX_Retracement Trade_LongENTRY: 7.95
SL: 7.05
TP1: 8.91
TP2: 9.34
- ADX<20. Would like it to be higher.
- RSI<50,RSI>30
- Daily RS +ve
- Daily FFI -ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI -ve
- Weekly MACD -ve
- Broke out of downward channel on 9 Nov 2021 before on another downward channel currently.
- Retracement in 2nd downward channel looks well controlled and possible BIC on 10 Feb 2022 near the 200MA.
- Once clear HVN, it should move to the top of the current downward channel.
PGH.ASX_Breakdown Trade_ShortENTRY: 2.40
SL: 2.75
TP1: 2.27
TP2: 2.08
- ADX>20
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD +ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD +ve
- Breakdown of range today with good volume.
- Price below HVN currently.
At what Price am I looking at CSL again ?CSL charts suggest that the price action is looking for a support zone and if it eventuates the $200 - $230 range would be a great spot to pick it up for a long term hold.
Going to be Plenty of buying opportunities around.If you think most charts wont look like this sometime in the next 12 months I don't know what to tell you. Most have just started breaking down from trendlines. maybe the BABA chart has been telling us something for a while.
Stay safe, risk mitigation and wait for the set ups to play out. Don't need to pick the bottoms.
BEAR historic charting. $9.05 bounce??Just some observations and charting patterns on historic ASX:BEAR. Could it be foretelling a repeat of a market reversal of the ASX?
$AZL - Pennat set up $AZL looking a pennant set up. Looking like it could break out of this set up soon.
US Indexes had a late burst higher to end in the greenMorning Jumpstart Macro View and US market recap 1-02-22
The US had a late session burst higher that dragged the major Indexes into green territory ahead of key US employment data Friday. The USD continues to grind lower while Gold was range bound. Copper had a strong session while Oil continues to hold recent gains setting for another push higher.
For a deeper look at the price action, key levels and what I see playing out...watch the video and feel free to leave any comments.
View more at www.tradethestructure.com
