CBA weekly ideas: neutral After the 2020 dump and recovery to new all time highs in Nov 2021, price could move sideways/down for some time e.g. until late 2024/early 2025, until a new uptrend. This is if it fails to push past $110 to new all time highs in the short term, in a scenario similar to 2008-2009.
Key levels are around 110.19, 93.60, 77, 60.42 such that:
1) Above 110.19 and then a move higher to 126.78 is possible
2) Below 93.60 and a move lower to 77 is possible
3) Below 77 and revisiting 2020 lows is possible.
Australias CSL Trading in a range on the monthly.Not one I am personally trading at the moment, but CSL was one of the most reliable stocks on the Australian market for years. Since 2020 though it has been stuck in this sideways range that could be good for the worlds slowest swing trade :)
Being towards the bottom of the range might mean there is some upside on the table if the ASX is a market you trade.
Finer Market Points: ASX Top 10 Momentum Stocks: 27 Nov 2023NYSE:GHY FWB:SHN ASX:NIS ASX:TG6 ASX:VMM ASX:FL1 NYSE:STK NYSE:FND NYSE:IDT NASDAQ:AZL
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:
Gold Hydrogen Limited (GHY): Working on a century-old discovery by-product of SA State Department oil exploration in SA, which is a natural hydrogen gas discovery, now exploring with modern technology.
Sunshine Metals Limited (SHN): Mining company with various projects, including gold, copper, and base metals, across Australia.
Nickelsearch Limited (NIS): Focused on the exploration and development of nickel deposits in Western Australia.
TG Metals Limited (TG6): WA miner focused on Ni, Li, Gold in Lake Johnston Greenstone Belt.
Viridis Mining and Minerals Limited (VMM): Exploring gold, Ni, Cu, PGE, and Kaloin-halloysite assets in Canada and WA SA and NSW.
First Lithium Limited (FL1): Lithium and Alkali explorer primarily active in Northern Chile.
Strickland Metals Limited (STK): A mineral exploration company focused on gold, copper, Zi, Pb, and Silver in Western Australia.
Findi Limited (FND): Technology investment company, investing alongside technology founders. Current investments range from financial payments and technology services such as electronic surveillance and power management.
IDT Australia Limited (IDT): A Melbourne-Based pharmaceutical manufacturing and development company produced for local and international markets.
Arizona Lithium Limited (AZL): Arizona Lithium Limited is a lithium miner with two primary projects:
Sedimentary Project (Arizona, USA): This project focuses on the extraction of lithium from sedimentary deposits in Arizona, USA.
Brine Project (Saskatchewan, Canada): In Saskatchewan, Canada, the company is involved in extracting lithium from brine sources.
These projects aim to supply the growing demand for lithium, a crucial component in batteries used in electric vehicles and renewable energy storage systems.
IGO medium - long term analysisDo not buy #IGO at the current price (8.74), #waiting for more decline to buy (wave C).
First support is 8.63–8.34; small buy with SL 8.1
Second support: 7–6.3, strong buy with SL 6.27-5.9, depending on margin.
If the price is not lower than 5.9, wait for the turnaround signal and then make a strong buy at 8.63–8.53 with SL 8.1 (wave 2).
Finer Market Points: ASX Top 10 Momentum Stocks: 23 Nov 2023NYSE:GHY NASDAQ:AZL NYSE:FND ASX:FL1 ASX:VMM LSIN:WML NYSE:STK ASX:TCG FWB:4DX PSE:IND
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:
Gold Hydrogen (GHY): Working on a century-old discovery by-product of SA State Department oil exploration in SA, which is a natural hydrogen gas discovery, now exploring with modern technology.
Arizona Lithium Ltd (AZL): Lithium miner with two projects: Sedimentary in Arizona, USA, and Brine in Saskatchewan, Canada.
Findi Limited (FND): Technology investment company, investing alongside technology founders. Current investments range from financial payments and technology services such as electronic surveillance and power management.
First Lithium Ltd (FL1): Lithium and Alkali explorer primarily active in Northern Chile.
Viridismining (VMM): Exploring gold, Ni, Cu, PGE, and Kaloin-halloysite assets in Canada and WA SA and NSW.
Woomera Mining Ltd (WML): Gold and PGE miner plus battery metals of Ni, Cu, Co, and Li in WA and SA.
Strickland Metals (STK): A mineral exploration company focused on gold, copper, Zi, Pb, and Silver in Western Australia.
Turaco Gold Limited (TCG): Gold miner with projects near Ghana's border.
4Dmedical Limited (4DX): A software company focusing on a four-dimensional lung imaging platform which develops pipeline products attempting to assist physicians to more effectively diagnose and manage patients with lung disease.
Industrialminerals (IND): Explorer and developer of high purity silica sands and quartz from WA's Bundury to Geraldon and Albany and Esperance. Also exploring for Lithium in WA's Pilbara region.
Cypher patternX is the pattern low, and C is the high.
Analyzing typical bullish Cypher pattern reveals:
XA leg starts at point X and ascends.
AB leg retraces XA, typically falling between 38.2% and 61.8%.
BC leg surpasses point A, concluding between 127.2% and 141.4% of XA .
CD leg descends, ending near the 78.6% retracement of X to C .
Once the price hits 78.6% at point D, the bullish Cypher pattern completes
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.
CIA - 28 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 🤝
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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"
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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.
92E ASXChart does not have a lot of history
Falling wedge formation
Breakout potential
Uranium Miner
Finer Market Points: ASX Top 10 Momentum Stocks: 20 Nov 2023NASDAQ:AZL ASX:TG6 NYSE:FND LSIN:WML ASX:VMM NYSE:GHY ASX:FL1 NYSE:RDN FWB:AX8 PSE:IND
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:
Arizona Lithium Limited (AZL): Lithium miner with two projects: Sedimentary in Arizona, USA, and Brine in Saskatchewan, Canada.
TG Metals Limited (TG6): WA miner focused on Ni, Li, and Gold in Lake Johnston Greenstone Belt.
Findi Limited (FND): Technology investment company, investing alongside technology founders. Current investments range from financial payments and technology services such as electronic surveillance and power management.
Woomera Mining Limited (WML): Gold and PGE miner plus battery metals of Ni, Cu, Co, and Li in WA and SA.
Viridis Mining and Minerals Limited (VMM): Exploring gold, Ni, Cu, PGE, and Kaloin-halloysite assets in Canada and WA SA and NSW.
Gold Hydrogen Limited (GHY): Working on a century-old discovery by-product of SA State Department oil exploration in SA, which is a natural hydrogen gas discovery, now exploring with modern technology.
First Lithium Limited (FL1): Lithium and Alkali explorer primarily active in Northern Chile.
Raiden Resources Limited (RDN): Resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Accelerate Resources Limited (AX8): Manganese miner in WA. Plus WA Li and Au and TAS Cobalt project.
Industrial Minerals Ltd (IND): Explorer and developer of high purity silica sands and quartz from WA's Bundury to Geraldon and Albany and Esperance. Also exploring for Lithium in WA's Pilbara region.
BHP ShortI am learning some price action. Trying to get used to how price moves. This idea is about shorting the top of the range to its lows and probably a liquidity grab. There was a market structure break on the daily and the stock failed to make a new high. Expecting the lows to be run. I don't actually have a position on this. This is just an idea.
DYL Weekly Bullish Divergence off Demand LevelFull disclosure, I own this stock as a long term investment since pre 2020
Currently has weekly demand level with bullish RSI divergence,
This chart also forms a bullish bollinger band reversal with a close outside of the bollinger bands and a subsequent close within the bollinger bands with divergence
I believe this stock is likely to increase to >$0.70c or more and have a longer term bullish bias
Finer Market Points: ASX Top 10 Momentum Stocks: 13 Nov 2023Today's ASX's Top 10 Quarterly Momentum Stocks are:
TG Metals Limited (TG6): WA miner focused on Ni, Li, and Gold in Lake Johnston Greenstone Belt.
Arizona Lithium Limited (AZL): Lithium miner with two projects: Sedimentary in Arizona, USA, and Brine in Saskatchewan, Canada.
Woomera Mining Limited (WML): Gold and PGE miner plus battery metals of Ni, Cu, Co, and Li in WA and SA.
Zenith Minerals Limited (ZNC): Miner with assets in Au, Zi, Pb, Cu, Au, and Li, spanning from WA to QLD.
Imugene Limited (IMU): Clinical-stage immuno-oncology biotech attempting to activate the immune system of cancer patients to identify and eradicate tumors.
Strickland Metals Limited (STK): Mineral exploration company focused on gold, copper, Zi, Pb, and Silver in Western Australia.
First Lithium Limited (FL1): Lithium and Alkali explorer, primarily active in Northern Chile.
Greentech Metals Limited (GRE): WA miner focused on the exploration and development of battery metals projects. Currently exploring Ni, Cu, and PGE assets in the underexplored West Pilbara region.
Industrial Minerals Ltd (IND): Explorer and developer of high purity silica sands and quartz from WA's Bundury to Geraldon and Albany and Esperance. Also exploring for Lithium in WA's Pilbara region.
Raiden Resources Limited (RDN): Resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
AGL energythe price movement is very impulsive. It has completed the wave 3 of a smaller degree which is now correction in terms of wave 4. If the price move according to this analysis , then the next price target would be $13.50.
Wave 4 is hovering just around the 200ma indicating that the price is go flat for a while. The next resistance to break is the high of the smaller degree wave (3).