2 Scenario's I'm keeping eyes on for long on SWF based on continued growth, #4 in Ausy trading market, awareness in investing and low brokerage growing more and more. We're either gonna see buyers rushing in on FOMO, or some more cautious consolidation before the progressive fomo setting in. 3rd scenario keeping an open mind to is continued contraction down to...
This is my assessment of ZIP and has been for a few years without major adjustment. It's always behaved really nice for me, provided we are potentially in a tech sell off with the likes of A2M, APT, APX etc. I trade the graph in front of me though not the news. So if Zip breaks the current downtrend and holds on a few days I'm in with a tight stop loss and target...
Based on TA only I'm looking at a shorter term swing trade. Will wait for confirmation and holding of Green Growth Channel. Based on Fundamentals there are signs of improvements so will start looking for long term holding opportunity as the data plays out over 12 months. See chart for all details. Lets see which way it goes!
Based on Increased growth potential and electrical vehicles becoming more prominent I'm long for a long term hold opportunity at a discount. Will wait for confirmation on break and retest of either horizontal support and/or green growth channel. Will be aiming to cover my loss at break of horizontal key area. See chart for further details.
Some scenario's I'm watching for BUBS. I'm hoping to get in for a potential long term hold based on growing revenue, increasing profit margin and potential long term growth. See chart for further details. The next few weeks will hopefully provide us the data to make our decision.
Based on long term trend and continued increase in Profits a good potential long opportunity is building. Strong support area's converging along a potential 61.8% Fib retracement from COVID low areas. Best buy in price could be around $4.80-$4.90 with a stop loss around the $4.50 mark and first Take Profit (Trading not Long Term) around the $10 area. A good...
After seeing the Banks in a major consolidation for almost 5 years now it seemed like an appropriate time to back them based on the long term bull channel with strong support levels. No current material Take Profit in mind with discounted shares bought for long term dividend reinvestment plans being the goal for this one. Based on where we are in the channel it...