KGN - Has it found Support?KGN had been plummeting hard but now it has shown some kind of support. Seems that Buyers have stepped in because of the recent bullish price action and price could move higher. At this time it is very hard to say that the Bearish Trend is over, but there could be a possibility for price to move up and provide a gain of 10% and move higher to the next resistance level. My trade plan is given below:
TP - $15.600
Stoploss - $11.80
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Asx200
CEN - Bullish Trade PlanCEN looks good and ripe for a move higher because of the break of the Bearish Trendline with High Volume and the bounce off the POC of Volume Profile and the 200SMA. MACD has got bullish too and maybe we shall see it continue to go higher. My target for this trade would be $7.40 level which could be a potential 13% gain.
TP - $7.40 (Potential Gain 13%)
Stoploss - $5.97
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
AIA - Preparing to Push HigherAIA broke out of the Bearish Trendline and tested the Initial Resistance level of $7.17 and stalled. Then it retraced lower only to backtest the breakout zone (Bearish Trendline), 200SMA and the Point of Control of Volume Profile. There is also High Bullish Volume and I think it is preparing to continue higher to retest Resistance level of $7.35 and then move higher to the next Resistance Level of $7.75. I am bullish on AIA and my targets are below:
TP1 - $7.35 (potential 10%)
TP2 - $7.75 (potential 15%)
Stoploss - $6.45
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CRN - Pullback Over?CRN seems to be in a very stable uptrend as we have witnessed Higher Highs and Higher Lows. The recent pullback has provided an excellent buying opportunity as price has bounced of the Bullish Trendline for the third time, as well as the 200 SMA and the POC of Volume Profile. RSI has also popped out of the Oversold region and MACD Histogram is showing Bullish Momentum and is about to cross. I am bullish and my trade plan is to target the highs.
TP - $1.230 (Potential 11%)
Stoploss - $0.920
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
AIZ - Pushing HigherAIZ has provided a great buying opportunity after the recent pullback. Price got supported and bounced off the 200 SMA and the POC of Volume Profile, and has broken the Bearish Trendline with High Volume. The MACD is also Bullish which indicates that the upswing in AIZ shall continue. I will be targeting the recent highs as take profit.
TP2 - $1.740
TP2 - $1.855
Stoploss - $1.380
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
FLT - Trade PlanMy trading Bias for FLT is Bullish as it has clearly bounced off the lows (Support), with a decisive break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region.
TP1 ~ $17.30
TP1 ~ $19.08
Stoploss - $13.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
LPI - Good Buying Opportunity?After making a Higher High and then pulling back, LPI seems to be right on support at the moment. I am expecting a break of the trendline with High Volume which shall give me confidence to buy, targeting the previous highs and my stop will be below the previous swing lows!!
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
MPL - Bullish Plan for MPLMPL may have finished its retracement and may be ready for an up move. As it has bounced off from my Buy Zone, coupled with High Volume, I think it is preparing to move up towards the previous Highs.
TP1 - $3.00
Stoploss - $2.60
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NEA - Trade PlanMy Trading Bias is Bullish because of the clear break of the Bullish Wedge Pattern followed by a clear Backtest, then a decisive move to the upside with very High Volume.
TP1 - $3.00 (Potential Gain 20%)
TP2 - $3.20 (Potential Gain 25%)
Stoploss - $2.240
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
ALU - Trade PlanMy Trading Bias for ALU is bullish as it has been coming down hard and has stopped falling right at $28.00 (Support) all the way from $40.00. It is also the Fib retracement level of 78.6%. I think ALU should move higher.
TP - $33.00 (potential gain 15%)
Stoploss - $27.40
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
SUN - Bullish Trade PlanAfter making a Higher High SUN had retraced lower to Support of $9.60, and have bounced off quite well. Price is above the 200SMA and 50SMA, indicating that its bullish. I think SUN should continue higher with targets as below:
TP1 - 10.70 (potential gain 4%)
TP2 - 10.96 (potential gain 6.5)
Stoploss - $9.50.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SYD - Could we see a continuation to the Upside?We saw SYD breaking out of the Wedge and then test the Initial Resistance level of $6.20 and stalled. I think now it has retraced lower only to backtest the breakout zone (Wedge) and continue higher to retest Resistance level of $6.20 and then move higher to the next Resistance Level of $6.60. I am bullish on SYD and expect it to move higher and my targets are below:
TP1 - $6.20 (potential 6%)
TP2 - $6.60 (potential 12%)
Stoploss - $5.40
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
AWC - Bullish Trade PlanMy trading bias for AWC is Bullish as it has clearly bounced off the lows (Support), High Volume Profile Zone and the lower edge of the Pitchfork Channel, suggesting that Bulls may have taken control. I think that AWC should continue moving higher.
TP ~ $1.820 (potential 9% gain)
Stoploss - below $1.600
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
BPT - Bullish Trade PlanAfter making a Higher High and then pulling back BPT has bounced off strongly giving a strong break to the upsode with High Volume . It bounced off exactly from the High Profile Volume Zone (confluence) and MACD giving a Bullish Cross, indicating that it is most likely to head higher towards its previous highs!!
TP - $1.890
Stoploss - $1.570
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
RZI - This pull back may provide a good Buying OpportunityAfter the strong move to the upside, RZI seems to be pulling back, and my Buy Zone is between $1.470 - $1.62 region, where the trendline Support also lies. If it retraces lower to my Buy Zone, I would be taking a Buy Position after Bullish Price Action, to join the upcoming move to the upside. Lets see how it develops in the next few days.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
LLC - Trade PlanMy trading bias for LLC is Bullish as it has bounced off the lows (Support), High Volume Profile Zone and the lower edge of the Pitchfork Channel. The Bullish Price Action suggests that LLC may go towards the previous Highs, providing an 11% gain.
TP ~ $14.70 (potential 11% gain)
Stoploss - below $11.70
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
DXS - Bullish Trade PlanI have a Bullish Trade Bias for DXS because the trendline Support has held very well and price has bounced off strongly with High Volume. MACD is also bullish which supports my trade idea. I think we will see DXS move higher in the next few days.
TP1 ~ $9.45 (potential 6%)
TP2 - $9.80 (potential 10%)
Stoploss - $8.30
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
GOZ - Bullish Trade PlanMy trading Bias for GOZ is Bullish as it has clearly broken the Bearish Trendline with very High Volume.MACD has given a Bullish Cross and RSI has come out of the Oversold region. I am expecting a continuation to the upside, and expecting a potential 6-9% gain.
TP Zone ~ $3.30 - $3.45
Stoploss - $2.95
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
OPY - Trade PlanMy Trading Plan for OPY is Bullish because it has broken the Descending Wedge and has even Backtested it. I expect OPY to move higher.
TP1 ~ $4.00 (Potential Gain 43%)
TP2 ~ $4.80 (Potential Gain 72%)
Stoploss - $1.900
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.