TLX All Time HighMy first time trial on ASX but the chart looks the same as the rest. All Time High. Entry Price and Stop Loss prices have been defined.
Asxlong
CRO - Bullish Trade PlanI am expecting CRO to move higher. Price has been supported and volume is picking up. MACD has also crossed indicating that CRO could move higher in the next trading sessions. My trade plan is as follows:
TP - $$0.125 (potential gain 27%)
Stoploss - $0.065
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ICI - Could Move Higher?ICI have been forming supportive candles above the 200SMA, coupled with High Volume and MACD Cross. This could be a sign that Bulls may be taking over and preparing to take price higher. I am bullish ICI and my trade plan is as follows:
TP1 - $0.145 (potential gain 25%)
Stoploss - $0.095
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CSL - A Potential buy Plan?CSL could be bottoming, as it appears so on the Weekly chart after it bounced off support with High Volume. Could it be a double bottom? Maybe, only time will tell. At this point, it seems that it may have bottomed medium term and may move higher. My trade plan is as follows:
TP1 - $270.00 (potential gain 6%)
TP2 - $288.00 (potential gain 13%)
Stoploss - $237.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
IAG - Is there a Buying OpportunityIAG seems that it has found solid support after being flushed heavily. With Bullish Price Action at Support, a break of the Bearish Trendline with very High Volume and MACD cross with Bullish Divergence makes me confident that we can cautiously buy. My Trading Plan is given below:
TP1 - $5.50 (potential gain 13%)
TP2 - $5.90 (potential gain 21%)
Stoploss - $4.20
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NST - Seems that it has found supportAfter falling hard, it seems that NST has found solid support. With the Bearish Trendline getting broken after a solid bounce, coupled with very High Volume and MACD Cross, I expect a follow through in price to the upside. I am bullish NST and expect it to move higher. My trading plan is as follows:
TP1 - $10.80 (Potential gain 10%)
TP2 - $11.80 (Potential gain 20%)
Stoploss - $8.60
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
GOR - Bullish Trade PlanGOR on the weekly chart has certainly found good support on the Trendline and 200 Weeks SMA, with High Volume and Weekly MACD Cross. This makes me bullish GOZ and I expect price to move higher and reach the next Resistance level. My Trade Plan is given below:
TP - $1.400
Stoploss - $1.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
API - Bullish Trade PlanAPI is showing Bullish Price Action and a break of the Bearish Trendline off the Support Zone and the High Volume Profile Zone (confluence), which is why I believe we could see a push to the upside.
My TP - $1.215 (potential gain 6.5%)
Stoploss - $1.080
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
LNK - Bullish Trade Plan LNK looking good as its retesting the trendline, 200SMA and the POC of the Volume Profile. MACD indicator also bullish and I think there is a good chance that it is going to restest the previous highs and might continue higher. I am bullish LNK and have a target of $5.50 (potential gain of 13%) with a stoploss below the previous lows at $4.45.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
88E - Is it ready for a Breakout?88E has managed to close above the long term Bearish Trendline with apparently much heavy volume. The bounce off the POC of Volume Profile, Bullish MACD and the breakout all indicate that the price is expected to continue to the upside. I am bullish 88E with my targets below:
TP1 - 0.015 (Potential gain 35%)
TP2 - 0.019(Potential gain 67%)
Stoploss - $0.007
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
WZR - Bullish Continuation TradeWZR catapulted in early February but resisted and came lower to test the breakout zone and had been consolidating for quite sometime. It has now shown good bullish price action and seems that it will retest its resistance level again and maybe could move further higher. The recent bounce seems that it may continue to the upside to test its resistance level.
TP - $0.240
Stoploss - $0.170
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SZL - Pullback about to end soon?The recent pullback has been strong but seems it may be about to end soon. I am expecting that it may be supported on the trendline to provide a good buying opportunity and the uptrend may resume. My Buy zone is $6.80 - $7.40 range, which is the trendline and the POC of Volume Profile, where I will be observing price action and wait for it to turn around, and aim for the recent highs.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Z1P - Could provide a buying Opportunity!Z1P's current selloff may be coming to an end and provide a buying opportunity soon. I think there may be some room left to the downside and could be supported on the trendline where my Buy Zone lies at the $6.80 - $7..00 range. I will be comfortable to buy in this range after it shows solid Bullish Price Action. My target for this trade will be the old resistance range of $10.00 - $10.50.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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.
PLY - Could be a Range Bound TradePLY seems to be moving in a range at the moment, and current price action shows that it has got bullish at the lower edge of the range and expected to move up towards the higher edge of the range. My trade plan is given belwo:
TP - $0.460 (potential gain 22%)
Stoploss - $0.320
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
Picture perfectRNT ticks all the boxes from a technical stand point.. fundamentally with only a $69m mcap this has so much potential go see their webiste for yourself
DYOR this is not financial advice
Potential Buy zone for FPH ASX before market close today#FPH is moving in an upward trend. Potentially post noon, it can touch its support level at 28.20. Keep any eye on it for potential bounce aiming for 3% profit
NXL - Possible Turn Around?NXL after being hammered down could be possibly turning around because of the recent Bullish Price Action coupled with a break out of the Bearish Trendline with High Volume and Bulllish MACD. I will be targeting the previous Gap Window and the POC of Volume Profile. My Trade plan is given below:
TP1 - $7.30 (Potentil Gain 23%)
TP2 - $9.00 (Potential Gain 52%)
Stoploss - $4.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ANX - Another Buying Opportunity?ANX may be poised to move up aiming its previous resistance. A breakout of the bearish trendline combined with bullish price action off from the POC of Volume Profile makes me bullish. My TP would be the previous resistance level of $0.085 (Potential gain 20%) and a tight stoploss below the lows ($0.060).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CRL - Looking to move higherCRL is looking good and seems like it is poised to move higher. It is showing Bullish Price Action while bouncing off the trendline support and POC of Volume Profile with High Volume. The bouncing action off support makes me bullish CRL with a target of $0.032 (Potential gain 23%) and a tight stoploss below the lows ($0.019).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
NCZ - Could Push Up!NCZ showing that it may be getting ready for a Bullish move ahead. It is being supported right at the POC of Volume Profile showing high volume and Bullish Price Action. MACD has turned bullish and a bullish position can be taken once it breaks the level of $0.180 with a tight stoploss below the lows. My trading plan is given below:
TP - 0.220 (Potential Gain 27%)
Stoploss - $0.150
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
COD - Looking InterestingCOD is expected to continue higher as it broke out of the Pennant with very High Volume and MACD is also Bullish!! It got support right at the POC of Volume Profile and bounced off giving a bullish closing. I am bullish COD and expect to move higher. My trade plan is given below:
TP - $0.480 (Potential gain 16%)
Stoploss - $0.300
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Z1P - A closer look at the Falling Wedge !What will happen in the week ahead for Z1P ? My guess is as good as yours, although I am leaning slightly to Z1P validating a counter trendline break as the money rotation slows.
The 0.618 retracement has been respected as resistance a number of times inside the falling wedge, as a result the $8.50 - $8.70 is worth watching closely. Additionally, Z1P at the longer time frame retracement (0.618) level is starting to get confluence in an oversold stoch, RSI, lower time frame MACD divergence as well which should act as strong support.
