Buying small qty of SUN stop at 17.49SUN is doing well, looking to break though it's all time high. given the overall market action and this price action taking a small exposure to share with tight stop. Longby GihanhemachandraUpdated 1
SUNSuncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. Testing multi-month overhead supply. Volume + strong candle structure would be welcomed. Global insurers + re-insurers have been leaders (see some of the U.S & German operators).Longby techpers1
SUN - 6 months SYMMETRICAL 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 🤝 ══════════════════════════════ 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" ═════════════════════════════ ⚠ DISCLAIMER ⚠ 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.Longby TheArtOfCharting6
SUN be DONERising wedge + close to resistance + declining revenue + RSI rolloverShortby SanDy00100Updated 4
SUN - Bullish Trade PlanAfter making a Higher High SUN had retraced lower to Support of $9.60, and have bounced off quite well. Price is above the 200SMA and 50SMA, indicating that its bullish. I think SUN should continue higher with targets as below: TP1 - 10.70 (potential gain 4%) TP2 - 10.96 (potential gain 6.5) Stoploss - $9.50. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade. Longby AsimMirzaTraderUpdated 1
Possible short opportunity 2 x bearish divergence on RSI / MFI indicator 1 x on stochastic with likely 2nd , directional candles trending down Shortby Wayne-o4
suncorp ..... typical trend and correction details on chart... breakout of descending trend line can be ending correction ... buy after breakout Longby pardisUpdated 22