Pilbara Mineral - Bull Flag CaseNot going to cover the commodity price...I get it. However I will cover what I see on the chart.
On the lead up to it's ATH, to me it painted several bull flags. Obvious argument to make in hindsight.
Currently I'm making the case for a massive bull flag. Yes that would require a change in sentiment, momentum...you name it for lithium.
If/when that happens the Pilbara chart looks well poised for me.
HAS.ASX Hastings Tech Metals - Down -80% JTD.Hastings Technology Metals has been hammered down some -80% year to date.
Possibly due to many reasons like a strong dollar and recession fears.
This Chart depicts the Trend Cloud Analysis.
A few attempts have been seen to break the Cloud, but have failed.
The recent 52 Week Lows need to find support, otherwise it's not looking good for this Rare-Earth Explorer.
I trust this Chart assists you in your Investment decisions. Smash the Rocket Boost Button if this Analysis is appreciated.
Regards Graham.
Finer Market Points: ASX Top 10 Momentum Stocks: 4 Jul 2024NYSE:WTM ASX:AL3 XETR:ENR ASX:ACW PSE:RCR ASX:EZZ ASX:DRO NYSE:BIO GETTEX:M4M NYSE:HYT
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly on Fridays.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
Waratah Minerals Limited (WTM)
AML3D Limited (AL3)
Encounter Resources Limited (ENR)
Actinogen Medical Limited (ACW)
Rincon Resources Limited (RCR)
EZZ Life Science Holdings Limited (EZZ)
DroneShield Limited (DRO)
Biome Australia Limited (BIO)
Macro Metals Limited (M4M)
Hyterra Ltd (HYT)
Simple Technical Stock Analysis for ASX Blue Chip Stock RHCSimple Technical Stock Analysis for ASX Blue Chip Stock RHC (Ramsay Health Care).
Market Monkey ASX Top 50 #41 for June 2024.
This week, the Team unpacks some simple technical and trend indicators for ASX Blue Chip Stock RHC (Ramsay Health Care).
Indicators include:
- Trend Momentum
- Price Direction
- Market Pressure (Buy / Sell demand)
- Volume (Market Strength)
- Simple Moving Averages
- Support and Resistance
Extract indicators taken from the Blue Report for June, 2024.
www.marketmonkey.com....au/report-dashboard
Simple Technical Stock Analysis for ASX Blue Chip Stock - NSTSimple Technical Stock Analysis for ASX Blue Chip Stock NST (Northern Star Resources).
Market Monkey ASX Top 50 #30 for June 2024.
This week, the Team unpacks some simple technical and trend indicators for ASX Blue Chip Stock NST (Northern Star Resources).
Indicators include:
- Trend Momentum
- Price Direction
- Market Pressure (Buy / Sell demand)
- Volume (Market Strength)
- Simple Moving Averages
- Support and Resistance
Extract indicators taken from the Blue Report for June, 2024.
www.marketmonkey.com.au
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 Resistance
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
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 🍀
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: $2.90F
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: 28.60
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.
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.
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.