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ASX

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.
ASX:CHNLong
by TRADER-WANNA-BE
4
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
CBOT:ZB1!
by TradeTheStructure
Buy The Travel Sector The Omnicron variant has provided an investment opportunity in the travel sector. Prior to the emergence of Omnicron, Travel destinations were beginning to plan pathways for reopening. This gave confidence to the market that the future values of travel related stocks would be higher and as a result travel stocks recovered from pandemic market shock lows. Since the start of the Omnicron market scare travel stocks have decreased in value significantly. Currently, countries such as Vietnam, the Philippines and Thailand are beginning the pathways back to pre covid travel levels by slowly easing entry restrictions. Preliminary data shows Omnicron may be less severe and it will become the dominant variant. This gives us confidence that covid is mutating in a positive direction and the world will eventually open up as a result of the new variants low mortality rate. We believe the travel sector will recover at some point leading us to conclude that current market valuations are selling at a discount. Our plan is to front run the end of harsh pandemic travel restrictions and take a position in the travel sector. The time horizon for this trade is between 8 weeks and 6 months. We are expecting to close our position at a 10 to 30 percent gain. Play Number One Carnival Cruises, stock code CUK currently valued at 18 USD. At the high of pandemic recovery Optimism, CUK was valued at 27 dollars. That is a 66 percent increase in your investment back to the last recovery top. Note: ignore carnival stock CCL because it is selling at a premium which could narrow if the U S economy weakens further. Play Number Two Flight Centre FLT. You can get exposure to this company on the Australian Stock Exchange. Flight Centre recovered to a price of 25 Australian Dollars and now sits at 16 dollars. When optimism returns and creates momentum, FLT may experience a 66% gain back to the highest pandemic recovery point. We will post updates in the comment section as new information comes to light.
ASX:FLT
by Pageinvestments
1
ASX:DMP - Stage 4 uptrend started- dominosStage 4 of growth has just started....? History tells us that.... Domino's Pizza Enterprises Limited (DMP) is engaged in the operation of retail food outlets and franchise service. The Company holds the exclusive master franchise rights for the Domino's brand and network in Australia, New Zealand, France, Belgium, the Netherlands, Japan and the Principality of Monaco. The Domino's brand is owned by Domino's Pizza, Inc. which operates within the Quick Service Restaurant (QSR) pizza segment of the fast food market in Australia and New Zealand.
ASX:DMPLong
by Peaceful-Weekend-Investing
Could be a slippery slide lower on the ASXThe ASX200 is under pressure as price falls into the weekend on stock market meltdown fears. US rate rises and inflation, along with other concerns, are weighing on bullish sentiment and testing the patients of buyers. Is this the calm before the inevitable storm? To me, the 7175 level is the line in the sand after the recent RTF (Double Top) at 7625, and buyers will need to hold the line if we are to see higher prices. Price has extended into the level so may see a bounce on some bargain hunting in coming sessions although this will largely depend on how the US performs tonight. US bonds are pointing to four rate rises this year which is more than expected and pressuring markets. There are some saying that the US Fed has made a mess of easing and have left it too late to contain inflation so will be chasing with faster tightening. If this is the case, I do not see traders wanting to add risk to portfolios or Funds willing to support price...so now is the time I am happy to be cautious hence the recent short on the ASX200 CFD. Check out our website and follow us on social media.
ASX:XJOShort
by TradeTheStructure
3
BRN/AUD - A prosperous 2020From a technical perspective, Brainchip Holdings (ASX:BRN) ticks all my boxes. I believe we're at an ideal buying location for both traders and investors looking to add to their position. My reasoning: Location: Bottom of range Structure: Triple bottom, "W" price structure Divergence: Huge OBV div, confirmed div in histogram, Willy div VPVR: Currently sitting at the POC. Large hole in volume above price, approx 125% potential if price clears 0.076c Weekly gap left @ 0.201c (marked by green line) Hit the LIKE button if you like my analysis and want to support my channel. Follow to make sure you don't miss any future trade ideas.
ASX:BRNLong
by AndyTheKing
3