Very close to breaking out and running out of space on the trend line. Keep an eye out for the breakout
The recent drop in iron ore prices has seen the major mining companies being beaten down, the selling has now reached panic proportions and of all the big miners Fortescue has faired the worst. While I am not saying this is a good time to buy, as iron ore prices still have fundamental head winds to contend with and the prices can certainly move much lower before...
Text me if you have any questions/comments for me. ----- DMP - First time doing a written analysis on DMP - Stock has history of uptrends that usually end with strong price increases (blue arrows) that is followed by the stock falling below the mid-term support (red arrows) - Since early Aug 2021, the stock price has risen more than 40% with almost no good setup...
Text me if you have any questions/comments for me. ----- ASM - Previous written analysis was done on 13 Sep -> suggested waiting for a successful rebound before plotting entry - Since then, the stock has had a weak test of 10.00 levels and is already a Structure Break in my books - Today’s price action with above average volume is interesting but still hasn’t...
Text me if you have any questions/comments for me. ----- ILU - Previous analysis was done on 14 Sep - Suggested half entry at 10.40 levels (to manage risk) or wait for a retracement and successful rebound - Since then, the stock has dropped more than 9% to rest at the mid-term support - As mentioned previously, the stock has a history of strong retracements back...
Text me if you have any questions/comments for me. ----- CAR - Previous analysis was done on 13 Sep - Suggested waiting for successful rebound at 25.75 levels before plotting entry - Today’s price action with above average volume looks good - If you missed the previously suggested entry, current levels still provide good opportunities - R is less than...
ENTRY: 1.14 SL: 0.925 TP: 1.45 - ADX>20 - RSI<50,RSI<70 - Daily RS -ve - Daily FFI +ve - Daily MACD +ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD +ve - Change of Character with high volume on 11 Aug 2021. - Breakout of down trendline and HVN (1.05) with high volume on 13 Aug 2021. Retraced in range with lower volume after that. - Buyers coming in today. -...
Wave 2 triangle breakout. Move above the 100% fib would be bullish and confirm wave 3 is in effect Failure to breach 0.30 and make a new high will see it test the 0.618 extension
Bullish 3rd wave confirmed over 0.215 if it can move into that new high Failure to do so may see the stock fall back into its corrective phase wave 2
Cresendo. What a sh1tcoin ASX $ghold stonks all are falling wedge onto strong support RSI30 nowehere near- being sold into to coast and bring it further south. They aren't ready for he to float yet If gold looks liek it'll take off, will tehy slam it south to complete the cycle??? MAYBE!
Feel the rhythm 'feel the ride let's get ready break out time!! BULLFLAG
Text me if you have any questions/comments for me. ----- JHX - Previous analysis was done on 13 Sep - Suggested entry around 53.90 levels if believe the stock can create new all-time highs - On 9 Sep, I suggested entry at 53.50 levels -> Today the stock closed almost 3% higher from the suggested entry - The stock created new all-time high - If you missed out...
Thesis is still 100% No need to sit on arcs any more... can just project and see teh BO pooint. booya!
Text me if you have any questions/comments for me. ----- JAN - First time doing a written analysis on JAN - Trend only started looking good in Dec 2020 -> has some sideways movement that can test the patience of some mid-term traders - Has been testing the psychological resistance of $1 - Stock is overstretched and quite far from the short-term support - R is...
Text me if you have any questions/comments for me. ----- INR - Previous analysis was done on 31 Aug -> suggested waiting for retracement and successful rebound before plotting entry - Since then, the stock flew like a rocket - Today, the rocket’s parachute didn’t deploy -> Stock dropped almost 19% with above average volume - Today’s price action is nothing new...
Text me if you have any questions/comments for me. ----- CNI - First time doing a written analysis on CNI - When I reviewed this on my livestream (5 Sep), I recommended to wait for a retracement to the short-term support and successful rebound before plotting an entry - Since then, the stock has tested the short-term support - Today’s price action like a...
Text me if you have any questions/comments for me. ----- ACL - First time doing a written analysis on ACL - Recently IPO-ed stock in mid-May – Has had some uptrends - Had some obvious retracement around 4.60 levels - Recently tested the short-term support and today, rebounded from there - A successful rebound would see the stock rise above the resistance of 4.60...
breaking out from a wedge within a likely bullflag. BIt of room to run.