ABB @ 18 NOV 2021Text me if you have any questions/comments for me.
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ABB
- Previous analysis was done on 17 Nov (red arrow) – suggested waiting for a successful breakout above 5.30 levels before plotting entry if believe the stock can create new all-time highs
- Today’s price action is accompanied with above average volume is proving to be a successful breakout
- Price is now too far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and a successful rebound
Trendfollower
LOV @ 17 NOV 2021Text me if you have any questions/comments for me.
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LOV
- Previous video analysis was done on 10 and 11 Oct (red arrows) – suggested waiting for a successful rebound around $21.50 before plotting entry if believe the stock can create new all-time highs
- Since then, the stock has successfully rebounded and has created a new all-time high
- Stock is currently too far from the short-term support
- Another retracement to the short-term support and a successful rebound would be good for the continued uptrend of the stock
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
IMD @ 17 NOV 2021Text me if you have any questions/comments for me.
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IMD
- Previous analysis was done on 9 Nov (red arrow) -> suggested waiting for a successful rebound at 2.90 before plotting entry if believe the stock can create new all-time highs
- Since then, the stock has rebounded and created a new all-time high on 15 Nov
- Today, stock has retraced back to the short-term support and a good rebound looks to be at 2.90 levels again
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs
CBA @ 17 NOV 2021Text me if you have any questions/comments for me.
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CBA
- Previous video analysis was done on 13 Oct (red arrow) – suggested waiting for a successful rebound above $109 before plotting entry
- Today, the stock gapped down below the short- and mid-term supports
- It closed below the strong psychological support of $100
- Coincidentally, today is the 4th time the stock has gapped down back towards the $100 level -> I personally don’t think this is significant. Just that it’s curious coincidence
- A successful rebound look to be around $104 levels
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs
ABB @ 17 Nov 2021Text me if you have any questions/comments for me.
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ABB
- Previous analysis was done on 4 Oct (red arrow) – suggested waiting for a successful breakout and a better setup for entry
- Since then, the stock has consolidated sideways and today is breaking out with above average volume
- A successful breakout looks to be above 5.30
- Stock has a long history of sideways consolidation followed by strong breakouts
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest plotting entry after a successful breakout if believe the stock is capable of creating new all-time highs
WES @ 16 NOV 2021Text me if you have any questions/comments for me.
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WES
- Previous analysis was done on 1 Sep (red arrow) -> suggested waiting for a series of HHs and HLs
- Since then, the stock tested the $54 support and has successfully broken through the short- and mid-term resistances
- HHs and HLs are starting to form, and this is good
- The stock is testing the $60 psychological resistance at the moment and a successful breakout looks to be around $61
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting a successful breakout of the $60 psychological resistance before plotting entry
RNU @ 16 NOV 2021Text me if you have any questions/comments for me.
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RNU
- Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for a successful rebound before plotting entry if comfortable with high price volatility and strong overhead resistance
- I also mentioned that if stock doesn’t recover to around 15 cents, the stock will likely break below the 12 cents support soon
- Since then, the stock briefly touched 15 cents before retracing back to 12.5 cents
- For the moment, stock is bounded by the short-term resistance and the mid-term support
- A LH formation is not the end of the world but the stock has to create a new HH for the uptrend to be good
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs formation
MNF @ 16 NOV 2021Text me if you have any questions/comments for me.
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MNF
- Previous video analysis was done on 10 Nov (red arrow) - Suggested waiting for a successful rebound around 7.50 levels before plotting entry if believe the stock can create new highs
- Since then, the stock has successfully rebounded and a good entry has presented itself
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest plotting entry if believe the stock is capable of creating new highs
JHX @ 16 NOV 2021Text me if you have any questions/comments for me.
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JHX
- Previous video analysis was done on 13 Nov (red arrow) - Suggested waiting for a retracement and a successful rebound
- Since then, the stock briefly created a new high and currently looks like it’s retracing
- Another healthy test of the short-term support will bode well for the uptrend of the stock
- At the moment, a successful rebound look to be around 56.50
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
JAN @ 16 NOV 2021Text me if you have any questions/comments for me.
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JAN
- Previous video analysis was done on 11 Nov (red arrow) - Suggested waiting for a successful rebound at around 1.24 before plotting entry
- Since then, the stock tested the short-term support and has successfully rebounded
- Today, it had a strong price action that was accompanied with above average volume
- Stock is now too far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
BST @ 16 NOV 2021Text me if you have any questions/comments for me.
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BST
- Previous analysis was done on 2 Nov (red arrow) - Suggested waiting for a retracement and successful rebound
- Since then, the stock has created a new all-time high and has retraced all the way below the short-term average
- I was in the stock and I got out on 10 Nov (blue arrow). I bought on 7 Oct and got out with a profit of around 23%
- Best to wait for a successful rebound before plotting entry
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound
RDY @ 9 NOV 2021Text me if you have any questions/comments for me.
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RDY
- Previous analysis was done on 4 Nov (red arrow) -> suggested waiting for a retracement and a successful rebound
- Since then, the stock has retraced to test the psychological support at $4 levels
- Personally, I would prefer a retracement back to the short-term support so that there is a better setup for entry
- If the stock doesn’t retrace further, a successful rebound would be around 4.20 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if comfortable with a strict 10% entry
QAN @ 9 NOV 2021Text me if you have any questions/comments for me.
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QAN
- Previous analysis was done on 26 Oct (red arrow) - Suggested waiting for a successful rebound at 5.80 levels before plotting entry
- Since then, the stock has successfully recovered and looks to be trading at a resistance
- Another retracement from here would create a strong Triple Top resistance
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if believe that breakout will be successful
IMD @ 9 NOV 2021Text me if you have any questions/comments for me.
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IMD
- Previous analysis was done on 14 Sep (red arrow) -> suggested entry at 2.43 levels if believe the stock can form new all-time highs
- Since then, the stock retraced to test the mid-term support before rebounding to $2.43 on 28 Sep (blue arrow)
- Another retracement and successful rebound later, the stock has achieved gains of more than 15% within 6 weeks
- Recent price action to test the short-term support has provided a good setup for entry
- A successful rebound would be around 2.90 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs
IEL @ 9 NOV 2021Text me if you have any questions/comments for me.
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IEL
- Previous analysis was done on 19 Oct (red arrow) -> suggested waiting for a retracement and a successful rebound
- On 8 Oct (blue arrow), suggested entry at 35.75 levels -> If followed suggestion, would be getting 9% returns in roughly 3 weeks
- Stock created new all-time high before retracing to a weak test of the short-term support
- Today’s price action is technically a successful rebound
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if believe the stock can create new all-time high
LIC @ 9 NOV 2021Text me if you have any questions/comments for me.
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LIC
- Previous analysis was done on 27 Oct (red arrow) - Suggested waiting for a successful rebound to 23.50 levels before plotting entry
- Since then, the stock is stuck in No Man’s Land with the short-term average proving to be a resistance while the mid-term average is a strong support
- A strong break of the mid-term support would likely be a Structure Break
- A successful recovery looks to be around 22.60 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
CVW @ 9 NOV 2021Text me if you have any questions/comments for me.
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CVW
- First time doing a written analysis on CVW
- Stock has some history of erratic uptrends followed by a 90% drop from the All-time High on 2018 till the Covid pandemic crash
- From March 2020 till Sep 2021, the recovery has been slow with a plenty of sideways movement
- Over the last 2.5 months, the stock is showing promising signs of an uptrend
- Last week’s strong test of the short-term average is proving that the stock is respects the strong support
- Strong resistance at $0.80 levels that has been around as far back as mid-2014
- Successful breakout looks to be at 0.815 levels
- R is above 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry if comfortable with a strict 10% Stop Loss
ACL @ 9 NOV 2021Text me if you have any questions/comments for me.
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ACL
- Previous analysis was done on 6 Oct (red arrow) - Suggested waiting for HH and HL formation before plotting entry
- Since then, the stock is forming a series of HHs and HLs
- A rebound of the short-term support would create a new Higher Low and provide a good setup for entry
- A successful rebound look to be around 4.55 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
29M @ 9 NOV 2021Text me if you have any questions/comments for me.
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29M
- First time doing a written analysis on 29M
- Since IPO, the stock has had a nice uptrend except during the September slump that affected the overall ASX market too
- The short-term average is starting to be a strong support
- Today’s Bearish Pin Bar with average volume can be a concern
- Technically, the rebound is considered successful
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if comfortable with potential strong retracements
RDY @ 4 NOV 2021Text me if you have any questions/comments for me.
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RDY
- Previous analysis was done on 26 Oct (red arrow) -> suggested waiting for a retracement and a successful rebound
- Since then, the stock did not have a strong retracement but instead has broken through the psychological resistance at $4 levels
- On 12 Oct (blue arrow), I also suggested entry at 3.50 levels which has seen the stock increase almost 20% since
- Price is currently too far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound