RFG - Multiyear triangle breakout ready to go!Double your money if bullish with RFG - Multiyear triangle breakout ready to go! Bullish case for multi year triangle breakout Longby William_Playfair0
Simple Technical Stock Analysis for ASX Blue Chip Stock RMDSimple Technical Stock Analysis for ASX Blue Chip Stock RMD (Resmed Inc.). Market Monkey ASX Top 50, #28 for June 2024. This week, the Team unpacks some simple technical and trend indicators for ASX Blue Chip Stock RMD (Resmed Inc.). Indicators include: - Trend Momentum - Price Direction - Market Pressure (Buy / Sell demand) - Volume (Market Strenght) - Simple Moving Averages - Support and Resistance03:27by Market_Monkey_AU110
Simple Technical Stock Analysis ASX:ALL (Aristrocrat)Simple Technical Stock Analysis for ASX Blue Chip Stock ALL (Aristrocrat Leisure Ltd). Market Monkey ASX Top 50 #18 for June 2024. This week, the Team unpacks some simple technical and trend indicators for ASX Blue Chip Stock ALL (Aristrocrat Leisure Ltd). Indicators include: - Trend Momentum - Price Direction - Market Pressure (Buy / Sell demand) - Volume (Market Strenght) - Simple Moving Averages - Support and Resistance Long02:46by Market_Monkey_AU1
ASX - MQG: 21 JUNE, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The short-term outlook shows that wave (iii)-orange is unfolding to push higher, towards the immediate target at 205.45. Invalidation point: 155.30 Longby ShaneHuaUpdated 3
RFG - multi year triangle ready to go with targets RFG - multi year triangle ready to go with targets Longby William_Playfair0
RARE example of diamond - two triangles back to back with targetRARE example of diamond pattern - two triangles back to back with target Already triggered will be interesting to see if the targets are met Aussi equity Longby William_Playfair0
WHC, 2nd Wave is coming! heaven is calling.Trend has reversed, 2nd wave is coming.... 1st Target: $8.61 2nd target: $9.29Longby Alf200020Updated 2
$pdn$pdn.ax ASX:PDN Still just range bound, deviated the big Quaterly level and now trading into the Big yearley level.. pullback almost 33% so far Plan marked out on chart.. Under, then trigger once back over.. Then a resending back to into green zone.. Not a prediction #uraniumby gillman_hugh113
$dylTwo Trigger plans marked out on chart, 1. A push down take liquitity marked in orange and a reclaim of the mide range = trigger 1 2.A fast push into range low and hold the "Big quartely level" = trigger 2 #uranium #dylby gillman_hugh222
20% move on WDS incoming?WDS has formed a descending wedge with bullish RSI divergence and is also hitting support from the bottom of this channel at $27. While the channel itself is bearish WDS should still expect a strong bounce here. Wait for a break of trend and retest for confirmation and if breaks down out of channel it will continue to move lower due to bearish monthly RSI divergence so no trade. Good luck 🍀 Longby jason_rpprt5
ASX:OFX – A Rare Gem with Perfect Piotroski Score and Breakout PFundamentals : OFX Group, listed on the ASX under the ticker OFX, presents a compelling investment opportunity this week. The company boasts a perfect Piotroski F-Score of 9, an exceptionally rare achievement that underscores its financial strength and operational efficiency. Currently trading at its fair value, OFX has turned profitable over the last 12 months and is poised for continued profitability this year. ASX:OFX ASX:OFX Technicals : From a technical standpoint, OFX has achieved a significant 52-week breakout, further enhancing its investment appeal. The stock has formed a rounding bottom pattern, a classic technical signal indicating the potential for a strong upward movement. Analysts project a potential upside of 30%, making this a promising candidate for growth. A potential Setup: • Entry: Current Market Price • Stop Loss: $2.00 • Potential Upside: $2.90FLongby hrishikeshrahalkar2
ASX - ANZ: 21 JUNE, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The short-term outlook shows that wave ((ii))-navy seems to have just ended, and wave ((iii))-navy is unfolding to push higher. While the price should always remain above the low at 28.60. Falling lower shows that wave ((ii))-navy continues to last longer than expected, and following that, wave ((iii))-navy will also return to push higher. Invalidation point: 28.60Longby ShaneHua2
BTH.AU BIGTINCAN Trend Cloud Study.Bigtincan Price Target Cut 48% to A$0.38 a Share by Morgan Stanley. This is a +100% Upside from the current Price! When I saw this Guide I did some analysis and saw the massive downtrend and -70% from the EMA Death Cross. They are clearly Burning Cash and not yet Profitable, but Claim AI in their Bio. I might start nibbling on this one if I see a change in the Trend. I'll be Brave now and call this a possible Long. Will watch the IMACD and CCI for clues. As always, please get a few outside Expert's Advice before taking Trade or Investment decisions. If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away. Regards Graham. Longby hitchcoxgUpdated 0
Just what I think will happen saving here for my own records as I think it'll play out like thisLongby marsman86Updated 227
RAC.ASX Race Oncology SENS Catalyst.Race Oncology, as with all Pharma Stocks needed this good news Catalyst. I would wait for a Pullback to the FIB levels to Enter if desired, and not already in this one. The Cloud Trend is still Bullish to the Upside, with the IMACD also Green. As always, please get a few outside Expert's Advice before taking Trade or Investment decisions. If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away. Regards Graham.Longby hitchcoxgUpdated 5
AWC Nicely breakout! Trending strong!!if you follow this stock. its getting better and better. it might break out $2........ (hopefully it will) It returns like Victory shape. AWC is such raising star that shines.. Go team A W C.ALongby Alf200020Updated 223
AUB - 10 months ASCENDING TRIANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting1
ASX LIMITED: 10 June, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M Details: The shorter-term outlook shows that since the low at 61.36, wave 2-grey appears to have ended, and this allows wave 3-grey to unfold to push higher. Wave (i)-orange is unfolding and is fulfilling its role, following which wave (ii)-orange will unfold as ABC. We will be watching ASX LIMITED for a Long Trade Setup. Invalidation point: 61.36 Longby ShaneHua2
ASX - NAB: 7 June, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The short-term outlook shows that wave ((iv))-navy ended earlier than expected, and wave ((v))-navy opened to push higher, it is subdividing into wave (i),( ii)-orange, and they have concluded, now it is time for wave (iii)-orange to open and push higher. Invalidation point: 33.30Longby ShaneHua2
CYM (CYM.AX) BreakoutI see two breakout patterns. One the longer term, which starts from the original gap down to 35 to the low of 12 at the end of March. The stock then moved up to breakout at 35 on 29/04. The target for this formation is 35 - 12 = 23 pips from the low point to the breakout point, giving a target of 58. The second is the shorter term, the smaller "cup" formation that starts at 42, down to the low of 32 on 14/05 back to the breakout point at 42 today. The target of this formation is 42 - 32 = 10 pips from the low point to the breakout point, giving a target of 52. So two breakout patterns in play, giving short term targets of 52 and 58.Longby hlncapital1
WDS.ASX Woodside Energy Down -21% But Double Bottom Seen.Woodside Energy is Down -21% from the last POI. But Double Bottom is Seen. A good Dividend Payer Also. One to always have a 3% portion in your bottom drawer as a consistent dividend income earner. However, also getting in at the right price is difficult, and this could be an opportunity with the Double Bottom seen. I am Nibbling. As always, please get a few outside Expert's Advice before taking Trade or Investment decisions. If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away. Regards Graham.Longby hitchcoxgUpdated 18
CND.ASX Condor Energy Speculative BUY?Condor Energy was one of those <1% Risks I sometimes take, and could be .... Well have a look. Was previously Global Oil and Gas. Unfortunately the prior charts have been lost with the name change etc. There was some very good news on a huge gas discovery that is worth many Billions. Also the price of Natural Gas is Recently up some 50%. At that time I surmised that Global or now Condor should consider a partnership, as the Capital could be large to establish the Rigs etc. Time will tell. Remains Speculative. As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions. Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away. Regards Graham. Longby hitchcoxg1