Bottoms In?ML bust then failure to reach the Lower Parallel - Next Pivot low created a ''space'' from ML after passing it on lower momentum - Probably cementing the bottom is in.
Wave Forecast...Looks crazy now but w/e...Let's see if our corrective low can hold us and we can climb higher.
$BME $BME.AX BLACK MOUNTAIN ENERGY Break of downtrend #ASX #LONGOn watch. Down trend has been broken. Looking for continuation and a break towards 0.065 level (bullish)
Continuation above 0.065 would indicate a resumption of the uptrend.
Not financial or investment advice.
Swoop Cheat Sheet...Expecting decent things in the future on this, Has a great team and macro tailwinds up the wazoo.
IAG Insurance 'ACT OF GOD' Could drive Fear = Bull Run ??
Targets based on Fib extension
Would like to see this play.
AnalysisAs you see on the chart we will have a big probability of an uptrend after the breakout with force the resistance line by a big green candle with a large green volume so at the next green candle we can buy. In other hand, we could have also a big probability of a downtrend if we have the breakout with force the support line and the vwap indicator by a big red candle with a large red volume so at the next red candle we can sell. Thanks.!
Wave Forecast...Digital Twins will play a very big role in the future - As usual I'm early and ahead of the curve on this future hype cycle.
$DMM $DMM.AX DMC MINING #ASX #HOLD Some work needs to be done to reclaim the uptrend. Right side consolidation until a retest of 11c occurs #watch
$SOC $SOC.AX SOCO CORPORATION #LONG #ASX #TECHNOLOGY A tightly held stock that has performed well since IPO
In a distribution/consolidation phase
Looking for the next step higher
Watch for buying above 35c indicative of continuation of trend
ASX: DCC possible 14% depending on BTCPossible quick 14% gains to be had short term on DCC with tight stop losses
Possibly will hit 5c for a retest then who knows... stop loss
the trend is your friend!
Be tight with stop losses, and if BTC tanks, dump DCC. If you were to keep stop losses tight a 14% move seems likely depending on BTC of course.
Not financial advice.
Analysis: Spring effect: Buy ideaAs you see on the chart we will have a big probability of an uptrend because we have a spring effect on the vwap indicator and also on the support line. Thanks!
Analysis: Bullish Channel: two situationsFirst of all we are in an uptrend and we will not go against this trend because we are above the vwap indicator. However, we could have a continuation of this uptrend if and only if we break the resistance line with strength by a large green candle and followed by large green volume. On the other hand, we could also have a reversal of the trend, ie a downtrend. But this can only come true when the support line and the vwap indicator have been forcefully broken by a big red candle and accompanied by a big red volume. Thanks.!
$KCN - 15 month base, goldie. Hopefully ready now.$1.85 was my alert and pretty happy with the look of that price and volume action today. See if its ready. I'll give it a few days to find out.
Bowen Coking Coal - Back above its 200 Moving AverageBowen is another one of those 300%+ runners over the last 12 months and has finally broken back up above its 200 day (exponential) moving average which could be a good bullish sign. Its also at the bottom of its long linear regression range / channel with some good potential upside if it trends like it has in the past.
Could be worth a watch.
$SLX - leaderby my rough count 8 days up and 2 days of sideways on strong volume. Puts it into alpha leader category. Sometimes you just gotta find out on these stocks. Patience and some wide stops. Oh and don't chase here unless your an insto and you have to cos otherwise you'll look like an idiot for not owning it.
Analysis: Sell ideaOn this chart sellers are there because we have the breakout with force the support line by a big red candle with a large red volume.Thanks.
Buy ideaAs you see on the chart we have the breakout with force the vwap indicator and the resistance line by a big green candle with a large green volume so it's mean that we will have a big probability of an uptrend. Thanks.
Analysis: Bullish Channel Here we are in a bullish channel situation on 4 hours. So if we have the breakout with force the resistance line by a big green candle with a large green volume it's mean that we will have a big probability of an uptrend. But, we must be vigilant. In other hand, if we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume so it's mean that the sellers are there and we will have a big probability of a downtrend. Thanks.
