Overall Bullish on NXT ASX Currently in PubllBack phase overall im Bullish on NXT. i mainly trade forex using IMB'S on timeframes such as monthly weekly daily 4h and 1H. but nxt we need to look at longer term time frames like 12months, 6 months and 3 months. and i potentially see we are pulling back to the break of the 6month and 12month
once we tap these areas of interest we go down even lower to see a shift in market structure and Order flow. i dont really see price going lower then $12.53. we have just over 3 months left until a new 6 month candle is created which is when we could possibly see bullishness kick in again
Finer Market Points: ASX Top 10 Momentum Stocks: 5 Mar 2025 ASX:ORD EURONEXT:EVS NYSE:BSX NYSE:CRS EURONEXT:DHG NYSE:SGI ASX:DRE LSE:MYX NYSE:NAN ASX:EOL 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 shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Ordell Minerals Limited (ORD) Envirosuite Limited (EVS) Blackstone Minerals Limited (BSX) Caprice Resources Limited (CRS) Domain Holdings Australia Limited (DHG) Stealth Global Holdings Limited (SGI) Dreadnought Resources Ltd (DRE) Mayne Pharma Group Limited (MYX) Nanosonics Limited (NAN) Energy One Limited (EOL)
Is the ZIP DIP OVER? Is it a suitable time to Buy?Is the Base solid enough to drive the price to 3 OR will it require a manipulation below the base to test key support "2"?
THIS IS ONLY AN IDEA AND COULD BE RIGHT...
For the Fundamental lovers:
Also keep in mind:
Dow Jones Newswires:
"Zip Price Target Raised 5.9% to A$3.60/Share by Ord Minnett"
Potential outside week and bullish potential for OCCEntry conditions:
(i) higher share price for ASX:OCC above the level of the potential outside week noted on 23rd January (i.e.: above the level of $1.635).
Stop loss for the trade would be:
(i) below the low of the outside week on 20th January (i.e.: below $1.27), should the trade activate.
Bullish potential detected for QUBEntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:QUB
- i.e.: above high of $4.04 of 28th November (most conservative entry), or
(ii) swing up of indicators such as DMI/RSI along with a test of prior level of $4.00 from 25th November.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 13th December (i.e.: below $3.80).
Potential outside week and bullish potential for OPTEntry conditions:
(i) higher share price for ASX:OPT above the level of the potential outside week noted on 17th January (i.e.: above the level of $0.85).
Stop loss for the trade would be:
(i) below the low of the outside week on 13th/16th January (i.e.: below $0.725), should the trade activate.
Potential outside week and bullish potential for AMIEntry conditions:
(i) higher share price for ASX:AMI above the level of the potential outside week noted on 30th/31st January (i.e.: above the level of $0.20).
Stop loss for the trade would be:
(i) below the low of the outside week on 29th January (i.e.: below $0.17), should the trade activate.
FFM Targeting 1.5??Hi dear trading lovers and FFM buyers...
PLEASE NOTE THAT THIS IS ONLY AN ANALYSIS AND COULD BE WRONG...
Chart and lines are explaining my idea...
SEEMS FFM is in a uptrend targeting 1.5 and finally 1.7...
Also note that:
"Macquarie has initiated coverage of FireFly Metals with an Outperform rating and set a price target of A$1.50"
Do you think IGO has come to the end of its downtrend?BUYERS still looking for a possible TRADING RANGE or a REVERSE Point...
After a Spike and a clean Channel, getting close to 4 (Root of breakout of previous Major Move, and also 3rd hit to Monthly uptrend, makes this point a remarkable and hopeful point for all the buyers... In addition to these we can say that last days sharp fall can be an Exhaustion gap of downtrend and also a magnet to monthly uptrend....
#IGO #ASX #Analysis #Trend #Channel #Spike #Trading
Finer Market Points: ASX Top 10 Momentum Stocks: 25 Feb 2025 EURONEXT:DHG MIL:CLE LSE:CLA NYSE:NAN LSE:MYX ASX:MP1 ASX:AQD MIL:ARN NYSE:ALC MIL:WLD 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 shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Domain Holdings Australia Limited (DHG) Cyclone Metals Limited (CLE) Celsius Resources Limited (CLA) Nanosonics Limited (NAN) Mayne Pharma Group Limited (MYX) Megaport Limited (MP1) AusQuest Limited (AQD) Aldoro Resources Limited (ARN) Alcidion Group Limited (ALC) Wellard Limited (WLD)
Short Commonwealth Bank of Australia at 156.25 Target 132Hello Followers
Id like to take another shot at shorting CBA here due to the interesting risk reward setup.
I had failed trying to short this once in the 130's and have been patient waiting for another setup.
Fundamental Reasons:
-Potential rolling over of the Australian housing market.
-Extremely high valuation
Technical reasons:
-False Breakout above the 162 level that got heavily sold
- So far the retracement bounce has hit the 1st Fib level at 156ish, bringing about a great risk reward setup.
Stop 160.2.
Target 132.00
Risk/Reward 6:1 !
Thanks!
Kavi
Bullish potential detected for AIZEntry conditions:
(i) higher share price for ASX:AIZ along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the open of 29th November (i.e.: below $0.51), or
(ii) below the support level from the open of 7th November (i.e.: below $0.49), depending on risk tolerance.
Potential outside week and bullish potential for HLIEntry conditions:
(i) higher share price for ASX:HLI above the level of the potential outside week noted on 17th January (i.e.: above the level of $4.65).
Stop loss for the trade would be:
(i) below the low of the outside week on 13th January (i.e.: below $4.44), should the trade activate.
ALC Turn around playALC Potential turnaround play, Looks to have set a base and now to have broken out on a 10 year contract announcement. Second time it’s been above the 50day ema and now the 100 day ema, Lots of buying volume recently. Resistance at 0.130 and 0.170
Speculative buy at the market or wait for a pullback to the breakout point.
PTM Platinum Asset Mgmt (ASX) Monthly 2Monthly chart has clear 5 wave move into longer term bullish fibonacci cluster level
This stock has taken a battering over the last few years and recently there is a monthly spinning top outside of the bollinger bands and a gap on the weekly at $1.05, so there is at least 25-30c to close this...
I'm looking at the longer term bullish bias, so wont be trading this as a short to medium term trade...
Full disclosure... I already have a position in this stock within the last month or so