Imugene Limited (ASX: IMU) Director's Increase Stake"Imugene Limited (ASX: IMU) Director's Stake Update: On 12th Jan '24, a director affirmed their commitment by acquiring 1M RSUs at no cost, signaling bullish sentiment. Pre-acquisition, the director held 600K options and 20.73M shares, maintaining these post-acquisition. No options or shares were sold, implying a strong belief in the future of IMU. This strategic holding pattern may suggest an insider's positive outlook, potentially interesting for investors monitoring IMU's stock."
investorhub.imugene.com
ZIP BNPL - Cup and Handle forming (Daily)An outer larger cup identified, overlapping my previous cup formation I published
• 32-week cup length with handle pattern forming (to be confirmed)
• 60% deep cup from prior high (in extreme circumstances it can go to 2/3 )
• handle length satisfactory. Proper depth reached already, looking for breakout
• estimated target +40.5 from handle breakout (base 25.5 to right top of cup 66.0)
I am not a financial advisor, and the chart analysis, including any mention of a cup and handle pattern, is for educational and informational purposes only; individuals should conduct their own research or consult a qualified financial professional before making any investment decisions.
Finer Market Points: ASX Top 10 Momentum Stocks 17 Jan 2024ASX:KM1 ASX:FFG FWB:CXU EURONEXT:ERA BSE:AKM BCS:LTM NASDAQ:CZR MIL:BRE NYSE:BIO SIX:SMI
Momentum is still surging through the market! These ASX stocks have been the fastest-growing companies over the past 90 days, proving their mettle and potential. Remember, these leaders began their rise by shining on our Launch Pad list, published weekly on Fridays.
Today's ASX's Top 10 Quarterly Momentum Stocks:
Kalimetals Limited (KM1.ASX): A hard-rock lithium (spodumene) explorer actively seeking deposits across Western Australia, New South Wales, and Victoria. Their diverse land package positions them for potential near-term discoveries in the high-demand lithium market. (October 25, 2023)
Fatfish Group (FFG.ASX): A modern-day venture builder and investor, empowering innovative startups across diverse sectors. From esports and online insurance to cryptocurrencies and BNPL, Fatfish guides promising entrepreneurs with their expertise, network, and strategic support, propelling them towards global success. (October 24, 2023)
Cauldron Energy Ltd (CXU.ASX): A multi-pronged explorer tackling both clean energy and critical minerals. In Western Australia, they seek uranium for a clean and secure energy source. They also explore for battery minerals like nickel, copper, and platinum group elements, offering diversification. Additionally, their portfolio includes mineral sands projects, further broadening their reach. (October 23, 2023)
Energy Resources Limited (ERA.ASX): Leading the charge in uranium exploration and development, ERA is committed to providing a clean and secure energy source. Their flagship Ranger 3 Mine in the Northern Territory is a cornerstone of their operations. (October 22, 2023)
Aspire Mining Ltd (AKM.ASX): An iron ore exploration and development company focused on the Pilbara region of Western Australia. They prioritize environmentally sustainable practices and community engagement while aiming to become a reliable supplier of high-quality iron ore. (October 21, 2023)
Arcadium Lithium PLC (LTM.ASX): A high-grade lithium explorer making waves in Namibia, a rising star in the lithium world. Their focus on high-grade resources and efficient extraction methods makes them a promising player. (October 20, 2023)
CZR Resources Ltd (CZR.ASX): A diversified mining giant focused on gold and copper projects in Western Australia. CZR's commitment to exploration and resource expansion continues to drive their momentum. (October 19, 2023)
Brazilian Rare Earths Ltd (BRE.ASX): A key player in the rare earths space, BRE is developing projects in Brazil, a major source of these critical minerals used in advanced technologies. Their focus on responsible mining practices sets them apart. (October 18, 2023)
Biome Australia Ltd (BIO.ASX): A biotech company developing novel cancer treatments, Biome is harnessing the power of the human microbiome to fight disease. Their personalized approach and promising clinical trials hold significant potential. (October 17, 2023)
Santana Minerals Ltd (SMI.ASX): Exploring and developing the Bendigo-Ophir project in New Zealand, aiming to become a long-life, environmentally sustainable gold mine. (October 16, 2023)
eVN is currently downtrendingdaily chart shows a down trend channel
in place and expect lower prices to about $1
as a possibility.
massive gap down today losing 17%.
EVN was highly loved in the previous decade.
I guess all those acquisitions didnt work out as planned?
or maybe sentiment to the metal isnt great
Gold is due for a break high in 2024. be patient and
you will be rewarded.
CXU ASX - SMMA MACD Buy Sell Indicator - EMA Entry Exit PriceIntroduction:
In the quest for market precision, I've developed an indicator that stands on the shoulders of traditional MACD but sees further by using SMMA for smoothing and EMA for real-time price referencing. This indicator aims to identify entry and exit points with greater accuracy and reduced lag, catering to the needs of traders who seek clarity amidst the market's inherent noise.
The Concept:
The core idea is to refine the MACD signals using the Smoothed Moving Average (SMMA) instead of the commonly used Simple Moving Average (SMA). This approach provides a less erratic and more reliable signal line. When the SMMA MACD crosses the signal line, a buy or sell signal is triggered, with the EMA (3-period) at that precise moment serving as the entry or exit price.
Why SMMA and EMA:
SMMA offers a balanced view by equally weighting the price data, thus ironing out sudden spikes and drops. The EMA, known for its responsiveness, complements this by providing a current price that aligns closely with the latest price action, making each signal relevant and timely.
Analysis and Prediction:
Entry Points (Buy Signal): When the SMMA MACD Line crosses above the Signal Line, a green label indicates a bullish signal. The associated EMA price at the time of the signal can be considered as an entry point, potentially capitalizing on upward momentum.
Exit Points (Sell Signal): Conversely, when the SMMA MACD Line crosses below the Signal Line, a red label designates a bearish signal, recommending an exit or short position. The concurrent EMA price signifies a potential exit point to capture gains or limit losses.
Trade Idea for CXU on the ASX:
Buy Signal: The 'BUY' signal was generated when the SMMA MACD line crossed above the Signal line, with the entry price set at the concurrent EMA value. In the case of CXU, this signal preceded a significant uptrend, suggesting that the indicator is effective in catching upward movements early on.
Sell Signal: The 'SELL' signal appeared as the SMMA MACD line crossed below the Signal line, indicating a potential shift in momentum. The EMA price at this point provided a precise level for traders to consider closing their positions to capture gains or limit exposure to a potential downturn — as evidenced in the CXU chart where the price showed signs of peaking shortly after.
Profit Targets and Stop Loss Considerations:
While the indicator provides a strategic entry and exit framework, traders should combine these signals with their risk management preferences. Setting a profit target at a reasonable percentage above the buy signal EMA price can lock in gains, and a stop loss slightly below can protect from unexpected downturns.
Conclusion:
The "SMMA MACD Buy Sell Indicator - EMA Entry Exit Price" demonstrates a promising approach to market timing on the CXU chart. It’s designed to smoothen out the volatility and provide clearer signals, which could be especially beneficial in the dynamic environment of the ASX. Traders are encouraged to test this indicator within their trading strategy, observing its performance and adjusting their parameters to match their individual risk tolerance and investment goals.
Potential outside week and potential bearish breakout for MTSAs noted in the latest video update for week ended 17-Nov (apologies for the delayed publishing of these details - another hectic week), MTS represents a potential bearish opportunity should momentum continue and lower lows be made to confirm the outside week. Stop loss for the trade would be above the high of the confirmed outside week, should it confirm (i.e.: above the high of $3.82 from 15th November).
RiskMastery's Breakout Stocks - GLA EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential .
In this edition, we'll be looking at ASX:GLA ...
I believe this code is at a point of potential volatility.
If price can hold above $0.033 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.048 (Conservative)
- $0.057 (Medium)
- $0.075 (Aggressive)
If however price falls below $0.023 ... Bearish potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and/or comment below.
MR RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
Potential outside week and potential bullish breakout for GMDAs noted in the latest video update for week ended 17-Nov (apologies for the delayed publishing of these details - another hectic week), GMD represents a potential bullish opportunity should momentum continue and higher highs be made to confirm the outside week. Stop loss for the trade would be below the low of the confirmed outside week, should it confirm (i.e.: below the low of $1.405 from 14th November).
Lithium will be the new oil and this company has alot of it!As the world moves towards electric cars and phases out the oil industry Lithium will become more and more valuable. This company has found a massive Lithium deposit in the area it has land rights to mine in, the area already has roads and shipping infrastructure. Moving forward this companies shares can be expected to rise to around the $1-4 market like similar companies in the area.
Time to enter ASX:CSL ⁉️Last week, CSL management received positive feedback and the stock is currently in a base. While there is no confirmation of a new trend, the risk-reward ratio is favorable to add a small amount and let the market guide for further additions. I will only add up to 50% of my position in the low base, so if the stock fails to reach its all-time high, I will still have some gains to take away. The stock symbol is $ASX:CSL.
Disclosure: I am investing in my super account for the first trance I cannot provide any recommendations to buy or sell. It is essential for you to conduct your own research.
29 Metals - Short termCurrently going through wave 4. Once it retraces to 23.6. one can initiate long positions. Remember wave 3 was extended so wave 5 might not be that huge. After wave 5, correction waves A, B and C will commence. But the underlying bullishness in commodities can always extend wave 5 and the correction may end up being smaller. Will make further updates when I get some more time.
Rocketdna ltd December happy holidays analysisBig thing comes in small packages Rocketdna ltd a growing drone company that operates by scanning ongoing mining/infrastructure projects. Both fields have constantly changing environments that operators must navigate through.
- Regulations approved license
- 1.1 million invested from institutions at 0.009 in early december
- A growing need in this field especially with the safety of mining workers. In Australia whenever there's a death in the mines the company is required to pay upholds of 1.2 million in damages.
- Some big mining companies are using them with contracts of 5 years like Red 5 and south32.
- Experience of 11years in the field.
- An exciting 2024 indeed.
Breakdown example - LH and LL ..ASX:S32
The chart for ASX:S32 shows a pattern of lower highs and lower lows.
This information is essential for investing and trading.
It is advisable to avoid focusing on this stock and instead focus on other options.
This will save you time and give you peace of mind.
#investing #avoid #trading #pwinvest $ASX:S32X:S32