Looking at the same movement higher lows swing tradeAfter a promising start since its IPO, it is now looking for no change unless it continues up and makes a newer high; based on the charts, on D, W, and M, it looks like a sideway upward moving channel, retrace to 35 before possible shift in direction.
LIF trade ideas
Finer Market Points: ASX Top 10 Momentum Stocks: 21 Mar 2024TSX:TSK ASX:LBT NYSE:FND GETTEX:RAC ASX:ZIP ASX:AIS ASX:SLC AMEX:TTT AMEX:ASM ASX:RIM
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 published weekly on Fridays.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
Task Group Holdings Limited (TSK)
LBT Innovations Limited (LBT)
Findi Limited (FND)
Race Oncology Ltd (RAC)
ZIP Co Limited. (ZIP)
Aeris Resources Limited (AIS)
Superloop Limited (SLC)
Titomic Limited (TTT)
Australian Strategic Materials Limited (ASM)
Finer Market Points: ASX Top 10 Momentum Stocks: 6 Mar 2024NASDAQ:CUE ASX:BRN LSE:DCC $360 NYSE:ENV NYSE:BOC ASX:APX NYSE:BIO NYSE:EOS ASX:ELT
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 published weekly on Fridays.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
CUE Energy Resources Limited (CUE)
Brainchip Holdings Ltd (BRN)
DigitalX Limited (DCC)
Life360 Inc. (360)
Enova Mining Limited (ENV)
Bougainville Copper Limited (BOC)
Appen Limited (APX)
Biome Australia Limited (BIO)
Electro Optic Systems Holdings Limited (EOS)
Elementos Limited (ELT)
360.ASX_Bearish Breakdown Trade_ShortENTRY: 2.43
SL: 2.91
TP1: 1.83
TP2: 1.68
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- First breakdown on 14 Jun 2022 followed by retracement to near support-turn-resistance area and 10EMA.
- >3% rebound off 10EMA on 22 Jun 2022. But would like volume to be higher.
- Entry based on breakdown ATL today.
360 @ 27 OCT 2021Text me if you have any questions/comments for me.
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360
- Previous written analysis was done on 19 Oct (red arrow) -> suggested waiting for successful rebound breakout around 9.90 levels before plotting entry
- Stock successfully broke out yesterday and today, it gapped up to almost 5% gains from suggested entry level
- Stock created new all-time high today
- Price is now too far from short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
360 @ 19 OCT 2021Text me if you have any questions/comments for me.
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360
- Previous written analysis was done on 13 Sep (red arrow) -> suggested waiting for successful rebound to 9.60 levels before plotting entry
- Since then, the stock briefly touched $9.60 before retracing all the way below $8
- Recent price action has seen the stock test the 9.50 resistance levels (purple dotted line) again before retracing back to the short-term support
- A successful breakout of strong resistance looks to be around $9.90 levels
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry
360 @ 13 SEP 2021360
- Previous written analysis was done on 8 Sep -> suggested waiting for rebound wave before plotting entry
- Today’s price action is a nice pivot and a new Higher Low (HL) has formed
- A successful rebound look to be around 9.60 levels
- Potential psychological resistance at 10.00 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful rebound before plotting entry if believe the stock can break psychological resistance
ASX Life360 at All Time HighLife360 Inc. is a San Francisco–based information technology company that provides location-based services, including sharing and notifications, to consumers globally. Its main service is called Life360, a family social networking app released in 2008.
Position taken
2x ATR Stop @ 5.25
New All Time High
SMAs trending nicely and price bouncing off 20SMA
Rel Vol > Avg Vol
Solid OBV
