Looks to be a bullish flag forming in Ansells chart. High probabilty trade on the back of their cv19 tailwinds/fundamentals. Waiting for the break out with bullish candle confirmation.
Heres my trade setup today $ANN Ansell on the ASX 442 units at 22.56 based on lows trending up and oversold. Interested in this as a mid to long term investment and will play S/R levels along the way. Not financial advice as trading is risky and if Trump has a bad hair day, it can all go pear shaped.
Ansell Cleaning:
Trend indicates another push up to test ATH.
Currently completing a 5th Wave.
Wave 2 & 4 respected the .65 Fib levels.
We see a long term trend being respected.
A price gap from 5 weeks ago is yet to filled, expect the price to re-tested the $27.80 region.
Two Setups available.
