FMG.ASX_Bullish Pullback Trade_LongENTRY: 22.67
SL: 21.77
TP: 23.64 - 23.99
- ADX<25. Would like to be higher.
- Daily RS +ve
- Daily FFI -ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Stoch RSI crosses up 20.
- Entry based on controlled pullback until 3 Feb 2023 to resistance-turn-support area (21.77) and rebounded but would like an increasing volume.
$SLX - its a cliche but the only conviction is price. Looking like its setting up for another continuation move through $5. little bit of sideways be still fine. And no double top. Potential for this that and the other. Stay dumb.
EMR - Historical ATH breakout tradeBreakout trade setup opportunity. Hitting historical ATH atm. After today's price action I expect this rally to continue for the rest of the week.
Circled trade entry region around 1.485, SL under prev resistance around 1.41. TP around 1.605 under prev high.
CTM challenge to break 1,25I am predicting a breakout by the dates shown on the chart. The trend in rising RSI and MACD is convincing.
SDR breakout tradePullback has reached prev resistance on decreasing volume. Looking like a good trade entry on the 1H. As per my prediction looking to enter trade.
ANN Breakout TradeBreakout trade opportunity, taking a position at a safe place. Stock has had a big rounding base pattern and has been on a downtrend for two years. We are now starting to see a possible early recovery. Looking to
False breakout has occurred over major resistance. Price action is retracing and I am waiting to enter around $28.10, where a few technical confluences come together.
• Level where recent volume profile peak occurs - likely to be supported.
• Fib retracement level 0.382
• Also pulling back toward the 50 moving average.
• At current levels, if breakout does continue, it could potentially run up to $31 quickly as this is a region of low volume profile node.
I expect that after this retracement, it will continue to move higher and break through the resistance level again. Taking a long 2.6R trade.
AIS Safe breakout trade entryOne of the few remaining copper plays in ASX after Sandfire Resources.
Bottom is in, formed a rounding base bottom before reversal and current trend higher.
Price level on the edge of volume profile peak - could move quicker from here if momentum continues.
Trading the break out setup on the 1H. expect to move over the low vol profile region, Entry around the 0.725 region, TP target around 0.855. SL around the supported region 0.65.
PNV about to run again!Looking like a bullish setup with a symmetrical triangle. Impulse move up with high volume, now retracing with lower volumes and volatility (ATR) as it forms a symmetrical triangle. Also getting close to middle of BB and 50 EMA. Wait a day or two for it to rest a bit longer. Buying at 2.45 would be an aggressive move if you are feeling FOMO.
Company has had good results lately as revenue starts to gain momentum.
YAL ShortSeveral technical indicators showing weakness in Yancoal including being 1-2 standard deviations above trend in a log regression channel, a head and shoulders pattern on the weekly chart, bearish divergence both on the RSI and stochastic oscillators as well as more fundamental data including AUD strength off the back of high and persistent Australian domestic inflation.
ASX Plays 2023~List of high risk plays for 2023 on my market - most of these are small companies with what I deem big upside potential...but very risky.
$MMM.ax 1Week time scaleshe might be in for a some long awaited primary move here, dynamics of this name have changed with mass volume signature worth a look.
Thematic Play...Battery tech company had a huge run up then big correction as many things have...looks like a decent opportunity here...can't see something like this dying anytime soon.
CXM0.160 Leaning on freedom (potash)This has been a very slow grind, but finally volume has appeared,
stt in red +40% from my entry avg
Buy ideaAs you see on the chart we have a buy idea after the spring effect on the vwap and support line. Thanks!
$SRN.ax ASX 1Day $SRN.ax 1Day, RSI being respected, range-trading as we speak, once through supply, the price will go higher, 43Day ema is supporting price.
$VML.ax ASX 1Day chart$VML.ax a rare earths name, breaks out of down trend and setting for a new primary move, RSI shape is ideal, retest is complete, and feels ready, worth a look.
RNU LongExpecting 1 more wave down to complete Flat pattern
0.20 should not be tested with current forecast
