RKN - Bullish Trade PlanRKN is a stock I like because of its solid price action. Any pull back lower is a buy IMHO. I am expecting a backtest lower towards its trendline, which may provide a great buying opportunity. My Buy Zone is between $0.900 - $0.940, and would target the next Resistance level of $1.520.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Asx200long
CSL - Are the Bulls Entering at Support@As we can see that the Support Zone of $268.00 - $274.00 has been strong because it got bounced off in the end of July 2020, and price made a high of $320.00 then. Now that CSL was plunging, the same support has held very well and we can see the downtrend line violated, with a Bullish Candle closing above it, with High Volume.
MACD has also crossed and RSI has come out of the Oversold region, indicating that the Bullls have taken control and want to take it higher. My targets are as follows:
1. TP1 is $287.00 - $290.00 region (Resistance 1) (4% - 5% potential)
2. TP2 is $298.00 - $300.00 region (Resistance 2) (8% - 9% potential)
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
BBT - Bullish Trade PlanBBT has pulled back but got support at its global POC of Volume Profile at around $2.00. Considering its previous bullish price action and uptrend, I expect a bounce off the current levels. This is a speculative buy after bullish price action confirmation with a tight stop below support at $1.80. Let see how this plays out.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
VML - Trade PlanVML is a stock in the Rare Earth space and I expect it to propel higher. This stock could go up straight from the current level of $0.067 or pull back a bit towards the trendline support around $0.055. In any case, I am bullish VML and am looking forward in taking a buy position. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SYR - Trade PlanSYR is a stock with a lot of upside potential. It is currently pulling back towards its bullish pennant and to the support zone between $1.060 - $1.140, where I will be looking for a potential buying opportunity once bullish price action is confirmed. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
DRO - Buying Trade PlanDRO has been in a good uptrend and within the bullish trend its always ideal to buy pull backs. Currently DRO is pulling back and has reached good support level. I will be interested to take a long position in the current zone for a potential swing trade to the upside after bullish price action confirmation. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
IAG - Bullish Trade PlanIAG has pulled back towards its 200 SMA and has currently found support. I expect price to consolidate a bit before moving higher and this could be a very good buying opportunity. I will enter a long position once bullish price action is confirmed in the very zone. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
BVS - Buying OpportunityBVS has plummeted hard but seems it has found support on the trendline. I think it is a good support level and price is currently consolidating. I expect price to bounce and start its upswing soon. We should also note that BVS rocketed in early May 2021, and broke its downtrend and has been making higher highs and higher lows. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
BXB - Another Buying OpportunityBXB is pulling back currently and has found support on the 200SMA and the POC of Volume Profile around $1.090. If it shows bullish price action within this zone or breaks lower towards the trendline, I would be monitoring to take a long position after bullish price action confirmation. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
MNS - Another Buying OpportunityMNS is pulling back and my area of interest is near the 200 SMA, where also lies the POC of Volume Profile. This level is near $0.300, where I will monitor price action for a buying opportunity after confirmation.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
WHC - Trade PlanWHC looks way overbought IMHO and I think that a pullback is due. If it pulls back, I would wait for it to reach my 1st Buy Zone between $2.10 - 2.25 and my second Buy Zone is between $1.80 - $1.95 for a potential buying opportunity. If it pulls back, this stock is a Must Buy. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NHC - Trade PlanNHC has a very nice chart with impressive price action but now it seems that it may be due for a pull back because as price is going up, we can see Bearish Divergence on the RSI and MACD. The Bullish Momentum maybe running out of steam. I expect a pullback towards any of my my Buy Zones. My first Buy Zone is between $1.80 - $1.95 and my second Buy Zone is between $1.50 and $1.70. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CRN - Trade PlanCRN has headed into Resistance now and I expect a pullback. My Buy Zone is around $1.00 level where I would be be interested in taking a long position. At this level it looks overbought, and I think a pull back lower should be a very good buying opportunity.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
LYC - Trade PlanLYC has been making higher highs but on the weekly chart we can see Bearish Divergence on the MACD and RSI, which is a sign that the momentum may be running out of steam. I expect a decent pull back for a possible buying opportunity. My Buy Zone is between $5.15 - $5.75, where I would be entering after some sort of Bullish price action confirmation. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SMR - Showing StrengthSMR is showing strength and is expected to follow through to the upside. I am eyeing a potential 15% move to the upside at $0.985, where its global POC of Volume Profile lies. The price action is constructive and we may se continuation to the upside.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
MHC - Bullish Trade PlanMHC looks very constructive and Bullish. There is good volume coming in and the price action looks good. It is a Uranium stock and I expect price to follow through to the upside reaching my targets. My TP1 is 0.018 (potential 24% gain) and TP 2 (poential 48% gain). Lets see how it develops!
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
AR9 - Bullish Trade PlanAR9 is looking strong after coming out of the downtrend line and forming a potential double bottom. Currently it is consolidating within a Bullish Pennant which is clearly a Bullish Pattern. AR9 looks strong and I am expecting a break of this bull pennant with a target of $0.470 (potential 33% gain).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CXU - Breakout?CXU has fiercely broken out of its downtrend line and the price action coupled with very high volume is very constructive. Being a Uranium stock and the increasing prices of Uranium, this looks like it will continue on the upside on a tear. I am bullish CXU with a TP 1 of $0.055 (potential 25% gain) and TP2 - $0.068 (potential 50% gain).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
PAA - Trade PlanPAA is trading currently n a descending wedge and is struggling to close above long term trendline. If it manages to close in the given spot (Green Circle Buy Zone), then it may confirm a change in trend and may get bullish, as this is a very Bullish structure. We need to see good volume and a thrust to the upside for confidence. Lets see how it develops in the upcoming sessions.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NIC - Still more room to the downside?NIC is expected to drop further down towards its strong level of $0.725 IMHO. I think price may consolidate for a bit like it is currently for a further plunge. My buy zone is around $0.725, for a potential buying opportunity. Lets see how it develops in the next upcoming sessions.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
BUX - Trade PlanBUX has reached strong support which is also the global POC of Volume Profile. We need a bit of bullish price action confirmation before taking a buy position, so far the price action looks good. If price consolidates at the current level around $0.070, then we could see price going higher. I will be monitoring price action and once confirmed will take a long position with a target of $0.100 (potential 32% gain).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SZL - Is it time to get Bullish?SZL may be giving another buying opportunity as it has bounced off for the 3rd time off its trendline. Currently it lacks momentum, but if price picks up or even consolidates at the current levels above the $6.30 zone, then we might see momentum picking up. For this scenario, the low must hold, and it could target the next Resistance level of $8.40 (potential 25% gain). Lets see how it develops in the next sessions.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
VVA - Reaching SupportVVA has reached a very good support level now, which is also the global POC of Volume Profile at $1.600. MACD is also forming Bullish Divergence which indicates that the bearish momentum might be coming to an end. We might see a thrust to the upside. If price breaks the downtrend line to the upside along with High Volume, coupled with MACD cross, this would certainly be a buying opportunity and a possible change in the Bearish trend.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.