July 5th "Sale of 28.6m Leo Lithium Shares-Cash Injection $12.9m"
Recent news catalyst.
-Looking for deviation of the low range and backtest.
-Trigger is on the backtest.
-Target is market on chart.
Confluence
-Above 20 day EMA
-Breakout of falling resistance.
focus on one thing. execute and be patient.
Doesn't work. move on to the next plan.
ENTRY: 1.445
SL: 1.59
TP: 1.36
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- Stoch RSI near 70.
- Breakdown on 10 Jun 2022 and moved down to form a range.
- Entry based on today breakdown from range and >3% rebound off 10EMA with volume .
SYA deviate mid range with ST target March low.
Pops and holds March low looking for March High as T1 and 2021 High as T2..
Reevaluate as the weeks play out.
Hi all,
An ascending triangle is classified as a continuation chart pattern.
Continuation patterns are expected to lead to the continuation of an existing trend.
While the ascending triangle is considered a bullish continuation pattern, exceptions are quite possible. It’s not infrequent to see it develop in downtrend conditions.
Breakouts can also happen in both...
NEWS CAT
1JUL "4DMedical signs deal to supply lung imaging technology to Australian radiology clinics"
Looking for Option A
Or
Looking for Option B
Option B would provide a nice entry if we could flush down into that lower TF range in Blue. This range was the last range on the 5 minute chart that sent the price moving a lot higher. 22% approx.
Trigger is a...
" New Pegmatite Zone at depth at Colina Lithium Prospect
Mon, 27 Jun 2022 08:41"
-News catalyst
-Back above Low Range.
-Backtesting low range
-Above the 20 day EMA all intraday TF's
Targets Mid Range.
patience is key to see this work out.. markets are extremely volatile ATM with FED meeting in july is also to be wary of.
Currently in price discovery and the Volume on this is decent.
Nice full bodied candles on lower timeframes means is being actively traded.
I looking for a retest of the original breakout marked in blue range "LTRH and "LTRL" lower timeframe range high and lower time frame range low.
A break above the falling resistance line will be key trigger, i may bid the...
NEWS CAT
30 Jun - Good sales update min TCV of $19mil cash in bank.
Lower volume play so caution is key here. Not my fav setup as the candles are not full and kinda gappy which kinda indicates its thinly traded.
Option A or Option B..
The trigger is a breakl of falling resistance line and confluence is the stock getting back above vwap, 10 day ema on 5min chart...
ENTRY: 3.29
SL: 3.89
TP1: 2.60
TP2: 1.90
- ADX>25
- Daily RS -ve
- Daily FFI +ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- Breakdown on 7 Jun 2022 and moved down followed by a pullback to near support-turn-resistance area (4.09) before moving down again.
- Entry based on today >3% rebound off 10EMA with volume .
ENTRY: 2.43
SL: 2.91
TP1: 1.83
TP2: 1.68
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- First breakdown on 14 Jun 2022 followed by retracement to near support-turn-resistance area and 10EMA.
- >3% rebound off 10EMA on 22 Jun 2022. But would like volume to be higher.
- Entry based on breakdown ATL today.
Looking for sellers to take profit and bargain hunters to squeeze this heavily sold Australia stock index into the close Friday or for Pop higher Morning if US stocks can Bounce.
In large sell offs Friday are profit taking days for sellers and this naturally causing some buying as they close short positions and in the fallout there are some stocks that are bought...
ASX .BSE Base Resources
Target longer term to fill out the flat corrective formation= also known as double top
Projection is 1.00 Fibonacci expansion and it fills out pretty nicely as a scenario. If all goes well of-course.
Progression upward from this point is the key performance indicator for the trade to be successful.
ENTRY: 6.53
SL: 7.41
TP1: 5.36
TP2: 4.81
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- Breakdown on 21 Apr 2022 with volume before going into range and pullback to 20EMA.
- 30-31 May 2022 bearish engulfing candle near 20EMA and then went below 10EMA on 1 Jun 2022.
- Entry based on today >3% rebound off...
Australian shares are expected to start the day lower tracking overnight losses on Wall Street. Energy crisis statement just released. Queensland businesses are calling for a state government rebate to offset surging power bills.
AU200 H4 Breakout
