I am just not sure what has caused this extraordinary price drop, when apparently it was looking like it was just recovering from down trend - if anyone knows please comment . May be it’s just natural price correction in market, looking at today’s price action, buyers were able to take it up in first two hours up to $125.84, till that time it’s was all buyers...
Seems like $2.7 range is next price target, what you guys think?
So far ASX:BHP has been going strong from support price approximately $36.00, showing signs of trend reversal but it could be a counter trend move. I am expecting a price correction here. from here I expect price moving down to $38.00 , and then $37.00 levels. finally if It gets down to $36.00 levels would offer good buying opportunity and that is where...
OSH looks good on every chart Monthly, Weekly and Daily. I think in medium term it has potential to touch $6.70 range. Please join my Slack Channel to form active traders community to analyse and discuss trading ideas, thanks: join.slack.com Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
I am not confident that ASX:NST would continue or form a up trend from here. considering development in gold, I think NST can potentially go further down if it does't go up from here down to $6.25 range. Please join my Slack Channel to form active traders community to analyse and discuss trading ideas, thanks: join.slack.com Please note these are my own...
I think NEA is going to re-test previous bottom at $1.70 Range. Please join my Slack Channel to form active traders community to analyse and discuss trading ideas, thanks: join.slack.com Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
I think DRR looks good, may be worth taking chance at next correction at around $3.50 range. any thoughts, please ... Please note these are my own notes for future reference, by no means trading advise to anyone. Also, please feel free to comment or share your thoughts.
I will wait to see how it develops, I think it's going to touch $22.50 range, may slip little bit further before it turns it's direction upwards. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Z1P is showing signs that it has found supportt at the trendline Support coupled with High Volume. This indicates buying interest at current level of $7.00. I think that if Z1P manages to close above $7.00 which is also the POC of Volume Profile, for two more days, it could move higher towards its next Resistance level of $8.45. Please note these are my own...
RKN is a stock I like because of its solid price action. Any pull back lower is a buy IMHO. I am expecting a backtest lower towards its trendline, which may provide a great buying opportunity. My Buy Zone is between $0.900 - $0.940, and would target the next Resistance level of $1.520. Please note these are my own notes, by no means trading advice. Please do your...
As we can see that the Support Zone of $268.00 - $274.00 has been strong because it got bounced off in the end of July 2020, and price made a high of $320.00 then. Now that CSL was plunging, the same support has held very well and we can see the downtrend line violated, with a Bullish Candle closing above it, with High Volume. MACD has also crossed and RSI has...
WBT has been consolidating on Support and the recent price action gives confidence that the Bulls are in control and want to take price higher as the price has been unable to break Support. I am bullish WBT and my trade plan is given below: TP - $2.30 (potential 20% profit) Stoploss - $1.670 (below the recent swing low) Please note these are my own notes, by no...
With current uncertainly www.commsec.com.au following is a snippet from news: 1. Either way, Aussie investors are indirectly exposed to Evergrande through the Chinese property sector’s insatiable demand for iron ore. The price of the steel-making ingredient - Australia’s most important export - has already halved from record highs of around US$233 a tonne in...
With current uncertainly www.commsec.com.au following is a snippet from news: 1. Either way, Aussie investors are indirectly exposed to Evergrande through the Chinese property sector’s insatiable demand for iron ore. The price of the steel-making ingredient - Australia’s most important export - has already halved from record highs of around US$233 a tonne in...
Not very confident with today's 14.6% up move, are you? definitely volume was good. overall, BNPL sector doesn't look very attractive at the moment. Monitoring it closely, I think it might go and touch $4.00 range. Please note these are my own notes for my future reference, by no means a trading advise to anyone. Please do your own research before entryign...
BBT has pulled back but got support at its global POC of Volume Profile at around $2.00. Considering its previous bullish price action and uptrend, I expect a bounce off the current levels. This is a speculative buy after bullish price action confirmation with a tight stop below support at $1.80. Let see how this plays out. Please note these are my own notes, by...
VML is a stock in the Rare Earth space and I expect it to propel higher. This stock could go up straight from the current level of $0.067 or pull back a bit towards the trendline support around $0.055. In any case, I am bullish VML and am looking forward in taking a buy position. Lets see how it develops. Please note these are my own notes, by no means trading...
SYR is a stock with a lot of upside potential. It is currently pulling back towards its bullish pennant and to the support zone between $1.060 - $1.140, where I will be looking for a potential buying opportunity once bullish price action is confirmed. Lets see how it develops. Please note these are my own notes, by no means trading advice. Please do your own...