UnknownUnicorn792892

UnknownUnicorn792892

An OZ medtech co focusing on the dev of its technology to reduce the impact of biofilm-based infections in humans. The price dropped to the 88.6% fib level from its peak of $4.73. It has broken out of the LT trendline. An up move with a close above $2.70 will be interesting.

UnknownUnicorn792892 Updated 

This is looking bullish and the short & intermediate trend looks to close the gap to $7.40 zone

UnknownUnicorn792892

Anglo Australian Resources is a gold/base metals exploration company with resource interests in Western Australia. The price has formed a bottom and has commenced moving up (switch to a monthly chart). It is expected to break the $0.115c barrier to a new high. Wait for the break & a retest of that level. Resistance is expected around $0.15c. Due to current world...

UnknownUnicorn792892

The price has been down to the 78.6% fib twice and bounced back. Currently around the 50% fib, the chances of a breakout are increasing. Please wait for a break of the $0.85c-$0.89c zone whilst reassessing its potential

UnknownUnicorn792892

Just when things were getting interesting, we get a doji...sitting on my hands again whilst the price action decides its future. Retest of the $0.14c - $0.15c zone is a possibility

UnknownUnicorn792892

After moving down to the 61.8% fib level, the price consolidated and is now breaking out of the trendline. Presents a good trading opportunity if volume persists.

UnknownUnicorn792892

It has tested the 78.6% fib level twice and started making higher highs & higher lows. The last 2 days have seen solid gains. A break above the $0.085-$0.089 zone will be potentially bullish

UnknownUnicorn792892

Weekly shows a clear inverted H&S pattern. Watch for a break and retest...may not have a retest due to the strong consolidation around the neckline

UnknownUnicorn792892

Breaking out of the bull flag. Wait for a retest of the breakout before committing

UnknownUnicorn792892

A picture speaks a thousand words...but the neckline (if it forms the H & S pattern) lies around the 78.6% fib retracement. That being a confluence of supports, I expect it to hold

UnknownUnicorn792892 Updated 

After a retracement down to the 88.6% level, the price is breaking out strongly as RSI and indicators go green. A break and close above $5.25 will be potentially bullish

UnknownUnicorn792892 Updated 

Altium - One of the top performers on the ASX in the last 1 year is looking bullish. It has rectraced & tested the $31.25-$31.50 level a few times. It has also managed to rid itself of the RSI divergence and Volume is shrinking. It seems set for a potentially bullish move to a new ATH. I am looking for a nice upward move backed by good volume.

UnknownUnicorn792892 Updated 

Don't be greedy and wait for the retest of the breakout level as this pattern is very unreliable

UnknownUnicorn792892 Updated 

This is a weekly chart with bullish RSI divergence. A break above the $0.2 - 0.54c zone will trigger a potentially continuation of the original bullish trend. The approx 50% fib retracement is a sound correction though I would have preferred a deeper one. A retracement from the trendline will temporarily nullify this idea

UnknownUnicorn792892 Updated 

Fluence Corporation chart has formed a massive H & S pattern and price is currently at the neckline. Price may get maintained due to a SPP that is currently open but the capital dilution has risks. IMHO it is looking a bit bearish but let us wait for the completion of the price movement at the neckline

UnknownUnicorn792892 Updated 

BGL has formed a H & S pattern and is currently at the neckline. The options available to BGL are marked on the chart

UnknownUnicorn792892

With an inverted H & S that is poised on the neckline, it is worth adding to the watchlist. The right shoulder is higher than the left which is always a good sign. But remember to wait for a break of the neckline & a retestto confirm the price action. Pick high probability trades rather than small parcels of all that look good

UnknownUnicorn792892

I normally do not look for bottoms but I have been following this one for a while. After a retracement down to the 78.6% fib, it appears to have bottomed & is breaking out. I recommend that you wait for a retest and bounce of the level before committing (if interested)