Jackthelad26

Jackthelad26 Updated 

Not looking good for CXO - On the daily chart, a double top has formed with a measured move down to 82c on the cards. Zooming out on the weekly log chart, another double top is forming with a measured move to 40c.

Jackthelad26

Fortescue is showing signs of weakness after failing to break out from last month's IHS/cup formation. There's potential for a drop to $15.

Jackthelad26 Updated 

After a long period of consolidation, QBE looks set to breakout of this range. Measured target $15 ( 2020 highs)

Jackthelad26 Updated 

Inverse Head/Shoulders Price Target ~ 1.60 Invalidation below 200 DMA

Jackthelad26 Updated 

Short at 4200 Stop 4400 TP 3200 - Pre covid highs

Jackthelad26 Updated 

Inverse H/S @ 2020 lows. 20 ma / 50 ma cross Strong bull bar after multiple tests of support. Great entry should this play out.

Jackthelad26 Updated 

Price has closed above the "falling wedge" RSI > 50 Measured Price Target 1.00 Stop - 1xATR below the prior day low

Jackthelad26 Updated 

levels to watch: 1.195 - 2016/19 support 1.144 - 2020 covid crash 1.050 - 1985 lows

Jackthelad26 Updated 

Cup and Handle on the Daily Chart with a break out from consolidation. Target ~ $12 Invalidation ~$7.5

Jackthelad26 Updated 

Update on linked idea - Could see an aggressive move upward in the coming days

Jackthelad26 Updated 

Bull bar on the weekly chart after a 3 week pull back. Target = 1998 highs + 100 fib extension level . 143.000 Stop 1x Daily ATR below prior day low

Jackthelad26 Updated 

Price testing local resistance + 200 DMA + .38 retracement Stop 1 ATR above the 200 DMA @ 0.68 TP - support lines up with fib ext levels ~ 0.656

Jackthelad26 Updated 

PDN looks to be ready to breakout from a year long consolidation. Note the inverse HS inside the flag. Measured target 1.50 97c a key level to watch as is the $1 psychological mark.

Jackthelad26

Monthly Chart Double Top Aggressive entry will be a daily close below the neckline with a 2x ATR stop Entry - 1670 Stop Loss - 1713 Target - 1280

Jackthelad26 Updated 

1 month consolidating triangle looks like its ending. 3rd touch of lower trend line Zooming out , price has made 4 peaks since April, unable to go higher. Price below 20/50 MA and aiming down TP - May lows 155

Jackthelad26 Updated 

Weekly RSI breaking through 50 Resistance being tested at 1.15 SR Flip and 21 WMA / 200 DMA Price has pulled back to fib 23.6 on the Daily Chart. TP 1 - 1.30 (swing high) TP 2 - 1.50 (year high) Risk - 1x Daily ATR below prior day low

Jackthelad26 Updated 

Today Japan announced a policy shift on Nuclear technology. Deep Yellow, a mid cap ASX listed Uranium company looks to be forming an Inverse HS. Aggressive entry - 75c Invalidation - 65c Target - $1 - 1.15

Jackthelad26 Updated 

Weekly Bull Flag breakout Measured move lines up with the 100 fib ext + psychological level of $2