Potential outside week and bullish potential for MKREntry conditions:
(i) higher share price for ASX:MKR above the level of the potential outside week noted on 4th October (i.e.: above the level of $0.043).
Stop loss for the trade would be:
(i) below the swing low of 1st October (i.e.: below $0.029), should the trade activate.
Asxlong
Bullish potential detected for MAHEntry conditions:
(i) higher share price for ASX:MAH along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the open of 9th September (i.e.: below $0.315), or
(ii) below the support level from the open of 19th July (i.e.: below $0.295), depending on risk tolerance.
Potential outside week and bullish potential for RSHEntry conditions:
(i) higher share price for ASX:RSH above the level of the potential outside week noted on 4th October (i.e.: above the level of $0.043).
Stop loss for the trade would be:
(i) below the swing low of 1st October (i.e.: below $0.033), should the trade activate.
Potential outside week and bullish potential for RRLEntry conditions:
(i) higher share price for ASX:RRL above the level of the potential outside week noted on 11th October (i.e.: above the level of $2.20).
Stop loss for the trade would be:
(i) below the swing low of 9th October (i.e.: below $2.00), should the trade activate.
Potential outside week and bullish potential for RMSEntry conditions:
(i) higher share price for ASX:RMS above the level of the potential outside week noted on 30th August (adjusted with the incidence of the inside week the following week, allowing activation of the trade above the level of the range for that week, i.e.: above the level of $2.20, as depicted by the blue dotted line and accompanying text on the chart).
Stop loss for the trade would be:
(i) below the swing low of 27th August (i.e.: below $2.02), should the trade activate.
Bullish potential detected for VCXEntry conditions:
(i) higher share price for ASX:VCX along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the open of 28th August (i.e.: below $2.16), or
(ii) below the support level from the open of 1st August (i.e.: below $2.11), depending on risk tolerance.
Bullish potential detected for CNIEntry conditions:
(i) higher share price for ASX:CNI along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the low of the recent swing low on 12th September following the gap-up (i.e.: below $1.775), or
(ii) below the support level from the open of 26th August (i.e.: below $1.745), depending on risk tolerance.
Potential outside week and bullish potential for DXSEntry conditions:
(i) higher share price for ASX:DXS above the level of the potential outside week noted on 4th October (i.e.: above the level of $7.84).
Stop loss for the trade would be:
(i) below the swing low of 1st October (i.e.: below $7.50), should the trade activate.
Potential outside week and bullish potential for ASLEntry conditions:
(i) higher share price for ASX:ASL above the level of the potential outside week noted on 27th September (i.e.: above the level of $1.265).
Stop loss for the trade would be:
(i) below the swing low of 23rd September (i.e.: below $1.10), should the trade activate.
Bullish potential detected for RZIEntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:RZI - i.e.: above high of $0.45 of 11th September (most conservative entry), or
(ii) swing up of indicators such as DMI/RSI along with a test of prior level of $0.425 from 9th September.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 24th September (i.e.: below $0.405).
Potential key reversal bottom detected for EDVLevel of interest: Prior support/resistance level from previous trade at $5.00 even (key support/resistance area to observe).
Stop loss for the trade involving ASX:EDV (and indication that this trade is an absolute 'no-go') is any trade below the low of the signal day of 5th September (i.e.: any trade below $4.92).
Bullish potential detected for SGPEntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:SGP - i.e.: above high of $5.10 of 27th August (most conservative entry), or
(ii) swing up of indicators such as DMI/RSI along with a test of prior level of $5.05 from 27th August.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 28th August (i.e.: below $4.92).
Potential outside week and bullish potential for MYREntry conditions:
(i) higher share price for ASX:MYR above the level of the potential outside week noted on 6th September (adjusted with the incidence of the inside week the following week, allowing activation of the trade above the level of the range for that week, i.e.: above the level of $0.855, as depicted by the blue dotted line and accompanying text on the chart).
Stop loss for the trade would be:
(i) below the swing low of 4th September (i.e.: below $0.795), should the trade activate.
Potential outside week and bullish potential for AMCEntry conditions:
(i) higher share price for ASX:AMC above the level of the potential outside week noted on 23-Aug.
Stop loss for the trade would be:
(i) below the swing low of 19th August (i.e.: below $15.53), once the trade has activated.
Bullish potential detected for SIQEntry conditions:
(i) higher share price for ASX:SIQ along with swing up of indicators such as DMI (+DMI above ADX at the very least) and RSI.
Stop loss for the trade would be:
(i) tight at $7.85 beneath the tail of the signal day (30th August), depending on risk tolerance.
ASX: AGL Fibonacci retracements
ASX:AGL AGL Energy is have been underperforming for long time , now for one year return is just 3.16%
Look the chart and notice
- double bottom formation on weekly chart
- higher high higher low formation
- no supply
- stock also above the key level of fib levels
disc: invested and tracking
AU200AUD to continue in the upward move?ASX200 - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
The measured move target is 7850.
We look to Buy at 7750 (stop at 7710)
Our profit targets will be 7825 and 7850
Resistance: 7800 / 7825 / 7850
Support: 7750 / 7725 / 7700
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX 200 futures looks set for a bullish breakoutThe SPI 200 shows an established uptrend on the 1-hour chart, with a recent bullish engulfing candle forming a higher low around the 20-bar EMA and closing above a retracement line.
The RSI remains above 50 to show positive momentum, and there are no obvious signs of a topping pattern forming on the chart.
A break above 7907 assumes bullish continuation and brings the 7936 high into focus, a break above which opens up a run for the all-time high.
Bulls could seek dips within the recent bullish engulfing candle whilst prices remain above its low, in anticipation of a break above 7907.
AU200AUD to form a higher low?AU200AUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
The measured move target is 7850.
We look to Buy at 7760 (stop at 7720)
Our profit targets will be 7860 and 7885
Resistance: 7800 / 7835 / 7850
Support: 7775 / 7760 / 7750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Comparing two companies - price action James Hardie vs Boral Limited ASX:BLD
- Price action side by side
- Key levels of Boral
- Keep track of sector and companies
- Trend first and later study fundamental ( for me😉)
Waiting for your comments to learn and share more ....
disc: Not invested , don't know about future
no recommendation only education and entertainment
ASX to continue in the upward move?AU200AUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
A lower correction is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
We look to Buy at 7750 (stop at 7718)
Our profit targets will be 7830 and 7850
Resistance: 7800 / 7825 / 7850
Support: 7775 / 7750 / 7725
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX dips continue to attract buyers.AU200AUD - 24h expiry
Price action looks to be forming a bottom.
Short term RSI is moving higher.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 7650 will confirm the bullish momentum.
We look to Buy at 7600 (stop at 7560)
Our profit targets will be 7700 and 7725
Resistance: 7650 / 7675 / 7700
Support: 7625 / 7600 / 7575
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bullish potential and potential breakout detected for SPKLooking at afternoon trade, SPK represents a potential bullish opportunity should momentum continue and higher highs and higher lows be made past the current position, considering breach of recent resistance levels aligning with technical indicators of RSI and DMI. Relative strength in the Midcap 50's as well as the communications sector (XTJ) adds further impetus to the trade. Personal stop loss for the trade would be beneath the low of the recent swing on 30-Oct (i.e.: below the low of $4.50), which is also below both of the 10 and 30 day moving averages, and will track the increasing 30 day moving average as the trade continues.
