360 - Previous written analysis was done on 8 Sep -> suggested waiting for rebound wave before plotting entry - Today’s price action is a nice pivot and a new Higher Low (HL) has formed - A successful rebound look to be around 9.60 levels - Potential psychological resistance at 10.00 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for...
EPM has been in an uptrend for a while, while the most of Uranium stocks on the ASX gapped up today. This stock has been in an uptrend and is at it's 52 week high and volume is higher than previous days
WHC looks way overbought IMHO and I think that a pullback is due. If it pulls back, I would wait for it to reach my 1st Buy Zone between $2.10 - 2.25 and my second Buy Zone is between $1.80 - $1.95 for a potential buying opportunity. If it pulls back, this stock is a Must Buy. Lets see how it develops. Please note these are my own notes, by no means trading...
NHC has a very nice chart with impressive price action but now it seems that it may be due for a pull back because as price is going up, we can see Bearish Divergence on the RSI and MACD. The Bullish Momentum maybe running out of steam. I expect a pullback towards any of my my Buy Zones. My first Buy Zone is between $1.80 - $1.95 and my second Buy Zone is between...
CRN has headed into Resistance now and I expect a pullback. My Buy Zone is around $1.00 level where I would be be interested in taking a long position. At this level it looks overbought, and I think a pull back lower should be a very good buying opportunity. Please note these are my own notes, by no means trading advice. Please do your own research before...
LYC has been making higher highs but on the weekly chart we can see Bearish Divergence on the MACD and RSI, which is a sign that the momentum may be running out of steam. I expect a decent pull back for a possible buying opportunity. My Buy Zone is between $5.15 - $5.75, where I would be entering after some sort of Bullish price action confirmation. Lets see how...
SMR is showing strength and is expected to follow through to the upside. I am eyeing a potential 15% move to the upside at $0.985, where its global POC of Volume Profile lies. The price action is constructive and we may se continuation to the upside. Please note these are my own notes, by no means trading advice. Please do your own research before entering into...
MHC looks very constructive and Bullish. There is good volume coming in and the price action looks good. It is a Uranium stock and I expect price to follow through to the upside reaching my targets. My TP1 is 0.018 (potential 24% gain) and TP 2 (poential 48% gain). Lets see how it develops! Please note these are my own notes, by no means trading advice. Please do...
AR9 is looking strong after coming out of the downtrend line and forming a potential double bottom. Currently it is consolidating within a Bullish Pennant which is clearly a Bullish Pattern. AR9 looks strong and I am expecting a break of this bull pennant with a target of $0.470 (potential 33% gain). Please note these are my own notes, by no means trading advice....
SUL - First time doing a written analysis on SUL - Has history of multiple uptrends but also multiple downtrends - Strong resistance zone at 13.50-14.00 levels - Stock has been forming LHs and Lower Lows (LLs) since August - Any break of 11.60 support could see the stock test the 10.80 support levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting...
LYC - Previous analysis was done on 31 Aug - Suggested waiting for successful rebound to 7.50 levels - Stock recently formed a mini retracement wave and today’s price action would be considered a successful rebound - Technically, the stock hasn’t successfully rebounded after the mid-Aug retracement - To manage risk, half position entries are recommended - R is...
IGO - First time doing a written analysis on IGO - Has history of multiple uptrends but also multiple downtrends - Historically, the stock has traded in a tight range that is bounded by strong resistances and supports - Created new all-time high a month ago when it briefly tested the 10.00 psychological resistance - Stock recently formed a Lower High (LH) and...
Grey area is profit taking area marked on that chart. Looking for entry on lower tf.
ENTRY: 8.12 SL: 7.63 TP1: 8.82 TP2: 9.35 - ADX>20 - RSI<50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD -ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD +ve - Ranging since 29 Jul 2021. - Retraced close to 38.2% Fib level (7.67) with lower volume. - Breakout with high volume today.
ENTRY: 2.63 SL: 2.52 TP: 2.87 - ADX>20 - RSI<50,RSI<70 - Daily RS -ve - Daily FFI +ve - Daily MACD +ve - Weekly RS +ve - Weekly FFI -ve - Weekly MACD -ve - Breakout of down trendline and HVN with high volume on 19 Aug 2021. Retraced with lower volume after that to HVN. - Buyers coming in on 27 Aug 2021. - Would like a better closing today.
ENTRY: 5.58 SL: 5.30 TP: 6.22 - ADX>20 - RSI<50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS -ve - Weekly FFI +ve - Weekly MACD +ve - Breakout of range on 25 Aug 2021. Retraced with lower volume to resistance-turned-support. - Buyers coming in on 31 Aug 2021.
itty bitty buillflag and another nice skip north there....