James Hardie vs Boral Limited ASX:BLD - Price action side by side - Key levels of Boral - Keep track of sector and companies - Trend first and later study fundamental ( for me😉) Waiting for your comments to learn and share more .... disc: Not invested , don't know about future no recommendation only education and entertainment
Detected 19-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 19-Apr. ASX:BOE represents a potential bearish opportunity should momentum continue and newer lows be made. Suggested to await clearance of support level before entry into trade. Entry conditions: (i) lower share price along with...
Detected 26-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 26-Apr. ASX:QPM represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a volume spike noted on 22-Apr and a gap-up noted on 23-Apr. Entry conditions: (i) higher...
AU200AUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 7800 will confirm the...
AU200AUD - 24h expiry Price action looks to be forming a bottom. Short term RSI is moving higher. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 7650 will confirm the bullish momentum. We look to Buy at 7600 (stop at 7560) Our profit targets will be 7700 and 7725 Resistance: 7650 / 7675 /...
Detected 19-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 19-Apr. ASX:CPU represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions (once third candle above the low of the Darvas box is formed): (i) breach of the upper confines of the...
Detected 12-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 12-Apr. ASX:CMM represents a potential bullish opportunity should momentum continue and newer highs be made past the current position. Entry conditions: (i) breach of the upper confines of the Darvas box formation - i.e.: above...
Detected 12-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 12-Apr. ASX:LYC represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a prior support level of $6.03 established previously on 24-Oct. Entry conditions: (i)...
Looking at current price , RIO has climbing to the top of the range. Going back and looking at price, it seems to like to reject when it is Overbought and fly when its Oversold. - Buy @ $116 - Target for 8% with the possibility of a Sell off again
Wesfarmers have reach all time highs and due a correction - RSI divergence indicating SELL - Buy @ $58 - $60 range - This would be a high probability trade to gain for Short Term Trade
Flight Centre has been ranging between 20 to 22 It is a very range bound stock which can make for short term gains, pip & dip strategy. - Waiting for price to go under $ 20 then will check RSI oversold for Buy - Buy @ 18.50 , strong support which can open opportunities for short term Buy - Buy @ 18 , would be at heavy discount, at this time RSI should be...
As noted in the latest video update for the week ended 05-Apr, detected in the weekly scans (detailed commentary and full scan results available in the signature below), ASX:CRN represents a potential bearish opportunity should momentum continue and newer lows be made past the current position. As noted, the trade activated on 05-Apr, however caution should be...
VUL has broken out of descending wedge and has also broken out of a channel going back to mid 2023 with bullish RSI divergence. It is now retesting strong support of the channel trend and previous swing high if it can make a higher low here we will be off to the races 🚀 Good luck 🍀
Closed Above 20 EMA with large volume (due to announcement) and Bollinger Band Squeeze.
SEMI currently sitting on upward trend line within established bullish channel. Previous support line at $16.30 where demand triggered another uptrend to above $17.00. RSI currently within average buying levels around ~56-60% showing higher highs, indicating another potential run back towards previous ATH SP level of $17.54. Aiming to take a long position...
Hi, a high-risk high reward play on the AU200 with a break and retest of the rising wedge with bearish RSI divergence. If playing along place stoploss above last swing high and wait for a break of trend on lower timeframe will also bring stoploss to breakeven when safe to do so. Good luck 🍀
We have a huge risk event in the coming hours; US PCE inflation. Should it come in softer than expected, risk is likely to pick up as this is how it has behaved pretty much every time inflation has come in soft. Conversely, a hot inflation report could dent risk - but we suspect not to such a large degree. Fed members have been very vocal about maintaining...
Hi Traders, If we find the current price level a strong resistance, we have the potentially to have a deeper correction of ABC. If it does reach this level, its a great level to enter long because of a few chart elements in confluence. All the best, S.SAri