MPL
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.
MPL - The next Pullback Could be a Buying OpportunityBullish Trend Indications:
The chart of MPL has developed well, indicating that the Bear trend has finished and after price hitting Resistance, it is trying to pull back. The downtrend line has been broken decisively with good Volume and has hit Resistance. It has also developed a Golden Cross.
We can clearly see that while price had been moving higher, OBV has been decreasing. This shows lack of upside Volume which indicates divergence and decreasing Volume.
We can also see a Bearish Divergent MACD Cross also indicating lack of Momentum, while price was moving higher which shows that it is ripe and ready to pull back.
I expect it to head lower into the Buy Zone of $2.60 - $2.80 range where I will be looking to buy after Bullish Price Action.
Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
Medibank Private TD Sequential 9 on Daily and Weekly Chart $MPLMedibank Private testing March low at $2.45, after going ex-div last Wednesday.
This week using TD Sequential, we are seeing a 9 on the weekly and yesterday the daily is giving us a 9 us well.
Could this be the bottom for Medibank private?
Stop loss at $2.45.
Company Profile
Medibank Private Limited (MPL) core business is the underwriting and distribution of PHI policies through its two brands, Medibank and AHM. It offers Hospital Cover and Extras Cover to customers in Australia as well as health insurance to overseas visitors and students. It also participates in the broader healthcare industry through the provision of integrated healthcare services to Policyholders, government, corporate and other customers.
AUDCAD - QML on Daily timeframeAUDCAD dalam timeframe Daily, pergerakan harganya kali ini mendekati QML.
Titik forming QM dilakukan dengan bantuan indicator ZIGZAG sebagai penentuan dalam memilih H1 - L1 - HH1 - LL1
SHORT level dan STOPLOSS level sesuai pada grafik.
RRR 1:3
mohon komentar jika ada ide lain nya.