channel resis meets time cycle on AUS200. Looking to short a breach of channel then failure to hold above
Sukin consolidating for a bigger move over the next couple of months. T 1 : 5.6 T2 6.25 SL 4.50
Possible bottom in place for PLS. T1 - 0.48 ; T2 - 0.52 ; T3 - 0.60 ; SL 0:41
Feb 13 19:30 AEDT CL WTI May Weekly Update Consolidation and Seller Absorption Bars!. Buy Area -sub $54.20 down to $54.00 (I don't think it will make $53.50) Good Support at $53.10/20 (buy a few wells at that price) Struggling with the T-Line at the moment, but the 55 SMA is sweeping up nicely for added future support. Text book Dow with a break out; higher highs...
Detail is in the chart. Encouraged by seeing Pardis post re ASX Stocks ... hat tip
This is a test recommendation for ASX:CBA . CBA has been trading sideways causing the ADX indicator to reach a low level. This is indicative for the beginning of a new trend. With dividends being paid in late Feb an upside breakout is probably more likely.
I am still standing with short on this matter, it is half way through my target, 5550 level still possible. Trade Safe s0nic
Detail is in the Charts. Remember you are all adults. Trade your own plans and your own limits
Not sure if the current C wave (if this is actually a larger B wave of a zig zag) has finished and we already have an impulsive structure down...
We seem to be in a wave 3 rise or wave C rise of an extended zigzag. Wave 3/C has reached 161.8% FE of 1/A. Thus, at least a short term pullback should come, at least till 38.2%.
This trend line break has been a long time coming. I love the story of this company they are attempting to breed Tuna in captivity which is notoriously hard, they have made some headway, but have had a lot of success breeding high-grade king fish for the Australian and export market. They just announced a deal with China to export king fish, which looks to be a...
on 30m frequency, technical analysis using the CHAN theory: comparing the two vertical region, the first drop is very much stronger than current one. While the "central region" in the middle is holding current movement of price. This concludes that the downward momentum has been depleted, and it should favour upwards movement. technical analysis using MA: MA34,...
Updating my previous entry that was based on the trend... It seems the support level may be rising and a potential break out of resistance levels. We'll have to wait and see, I'm not going to trade this for now. Clearly the market has been particularly strong the past few days....