General trend of market is up. nice volume comi ng in on breakout of wedge/pennant. target of 3.90. stop at 2.85- 3.15 if you want to be more aggressive. for education purpose only. Do your own research
EMA Crossover, bullish candle formation and very strong volume. This one looks like it could take off now its past the horizontal december resistance level at 0.660. clear path up to 0.750 with a long term target of 0.880. possible stop loss between 0.555 and 0.525 which has been a solid base since november. For educational purposes only. Not to be considered as...
Karoon approaching a 12 month run consistently in the channel. Ideal target is jan 2020 high cross with upward channel. Looks good to enter around 1.190 or below. Bottom of the channel can act as stop loss (trail with upward movement.
Very well established and respected channel. Price entering into first resistance area. A clear break should see price move to top of channel and into 2nd resistance area. entry - above 2.84 stop - 2.54 then trail target - 3.10 to 3.30
well established and respected channel movement. great volume coming in on price bounce from bottom trent line. Short term opportunity for rise to top of channel. Long term opportunity for rise to highs of july 2019. Massive opportunity for long term gap fill from december 2018. Entry 0.505 Target 0.570 - 0.580 Stop 0.470
Long term downtrend v's short term uptrend, which will prevail? Retail still has a long way to go to return to normal and Myer has big exposure to city centre locations which have seen significant reduction in footfall. Price has been consolidating since early jan. Big move due but in which direction?
Some interesting levels here. Price is breaking out from resistance around 0.270 and a clear break could see this level become the new support range. Recent news around manufacturing partnership seems to be driving good volumes and projected revenues are looking strong. First target area around 0.370 with a long term target anywhere from 0.450-0.540. Looking for...
New uptrend is forming. Price is sitting just above historic resistance area from October, august and July. Nice volume on green days which suggests the upward momentum is strong. targeting the all time high from sept around 0.80. stop just below the uptrend line at 0.655
3D printing is looking very strong and especially in the metal space. New leadership looks to be bedding in well. Technically we've seen a break of long term downtrend with strong volume to support a new uptrend. Some key horizontal levels as targets around 0.745 & 0.90. keeping a close eye on RSI over 70. Alert set for an ideal entry around 0.640 if there is a...
Price drop off earnings but business is looking strong. Cash in the bank. Looks to have found support on lower trend line. Possible further drop to 5.52 (december dip). Looking for bounce off lower trend all the way back to top of channel. Risk to reward is great here. Entry at 5.98 Stop at 5.92 Target 7.8
Downtrend was broken at the start of the month with good volume but yet to really offer big breakout. Looking for a fill up to 0.775 (resistance from early jan). Once past that, not much stopping it up to 0.870 or higher. Stop at 0.655 which looks like a base RSI has plenty of room run
Had my eye on this for a few days since the break off the lower trend. Not much resistance up to November high of 0.860 Price could rally up to earnings. Would be cautious about holding over earnings. Entry around 8.0 with a tight stop Target around 0.860
Looking good as we head into earnings. Looking for a rise up to top of channel. Entry around 1.035-1.045 Target at top of channel around 1.135 Stop at bottom of channel around 0.945 Keeping an eye on RSI around 80-82
Upward channel formed with fairly well respected support and resistance. Company financials looks strong and market is buoyant. Could see price stall at lower horizontal area as there is some historic action in this area. Looking for entry around 0.545 with target at upper trend line. Stop at the bottom of the channel around 0.525. Longer term could see price...
Upward channel formed over last 5 months. Lower trend acting as support. Potential small trade up to top of channel. A break above could see price run up to 7.0 Entry around 5.81 Target 6.12 Stop at 5.43 If price breaks upper trend line of channel this has huge upside potential to run to 7.0 and beyond.
Price has broken 5 month down trend on partnership news with Vivino. Strong volume coming in. Next resistance level is looking like 0.057 (October sell off) with upper target of 0.065. Looks good to enter around 0.050 Stop loss back around the downtrend line at 0.045