Hopes for a accurate trend predictionjust a prediction ON NOW Border Security - Australia's Front Line - Go behind-the-scenes of our Immigration Customs and Quarantine departments. PG / Reality Series More from this show Live red live circle Longby Fractalm8Published 221
Grange Resources shares price is currently trading above 11 weekGrange Resources Limited ASX:GRR shares price is currently trading above 11 weeks high. The prediction shares price target short-term around 11.64 per cent to $0.985 ,medium-term 22.84 per cent to $1.075 and long-term 44.91per cent $1.270. Iron ore futures traded in Singapore rose 2.59 per cent to $US108.85 a tonne on the January 2023 contract.Longby ViniXPublished 1
GRR BreakoutGrange Resources Ascending triangle breakout indicating a trend reversal. Bullish signals: Clear breakout above resistance @ 0.855 MACD trending upwards since September and has risen above histogram 0 point. SP has risen above 50MA and recently bounced on it Strong RSI momentum Bearish Signals: RSI indicating stock is now overbought Yellow downtrend line. Best scenario for me is breaking the yellow trendline and then retracing back towards support where a 30%ish upwards move would be nice. Two predictions shown by ghost feed. Thank you Longby DJWTradingPublished 112
Australias GRR dropped back to support.A recent market favourite GRR is a bit all over the place lately. Its dropped back again to a pretty solid support area after todays quarterly report. Hopefully once the market has digested the news we might see another move back up. One to watch. by zAngusUpdated 11
GRR long to test 60cIron ore prices are rising again, and GRR has started to pick up buyers again. Good fundamentals should see this test 60c again on the back of Iron.Longby EarlHoldingsPublished 0
GRR profit taking may push down into 40sGRR closed below the 50d MA today and has been sold off over the last few days on volume. This may be profit taking before EOFY, or investors recognising that iron ore prices are reaching a top at these high levels. Good buying opportunity in 40s.Shortby EarlHoldingsPublished 1
Good Price actionPrice action wise it is good. the only opposer is Stoch which is over-bought. by YounesstradePublished 1
Grange Resources - ASX Breakout and trending.One of those stock on the ASX I have had my eye on for a few weeks now. With the initial breakout of the range in January 2019, we have see a pullback as the wick of the candle drove in the buy zone on medium but declining volume. Since that we have seen a steady trend starting with key bars printing followed by small pullbacks(see blue arrow). The Ichimoku lagging line stayed above the cloud indicating a trend on the higher time frames is still in play. A bargain at 0.265.Longby TRADER-RIPublished 1
Iron Ore Play trading on a 4 p/e - BREAKOUTmulti-month breakout. Upside potential of 45-50c longer term . Strong bullish trend with MACD cross and strong RSI signals.Longby BTB_AusPublished 3
$GRR #ASX - Grange Resources has some unusual volumeGrange Resources Limited is an Australia-based company, which owns and operates iron ore mining and pellet production business located in the northwest region of Tasmania. The Company operates through the segment of exploration, evaluation and development of mineral resources and iron ore mining operations. The principal activities of the Company include the mining, processing and sale of iron ore, and the ongoing exploration, evaluation and development of mineral resources particularly, the Southdown Magnetite and associated Pellet Plant Projects. The Southdown Magnetite deposit is located approximately 90 kilometers (km) northeast of Albany on the South coast of Western Australia. Southdown Magnetite and Associated Pellet Project(s) is a joint venture between Grange Resources Limited and SRT Australia Pty Ltd. The joint venture proposes to mine and exports iron ore pellets and concentrates. Its Savage River magnetite iron ore mine is 100 km southwest of the city of Burnie. Bit of unusual strong volume coming through on this one. Has some good fundamentals so hoping it stands up as a bit of a defensive stock during these more turbulent conditions. Bought in at .21 Falling sell trigger at .194 to .19 worst case sell. Heres hoping I dont get stop hunted... Longby zAngusUpdated 3