This market just needs to make one more all time high to complete 5 Waves up since 1900.
Cycle Wave 1 1900 - 1913
Cycle Wave 2 1913 - 1920
Cycle Wave 3 1920 - 1967
Cycle Wave 4 1967 - 2009
Cycle Wave 5 2009 - 2020\2021
Alternation between Wave 2 and 4:
Wave 2 shallow sideways and short in duration.
Wave 4 expanded to the upside and long in duration.
The charts dont lie. ASX:Z1P is drawing one hell of chart pattern if it is confirmed, ASX:Z1P bulls may have hard time. This pattern is none other than H&S . From ZIP has been hovering above 6$ for a while but apparently things start taking another dimension. It is not only hanging on a thread but also looks like it is waving bye bye to the extension we saw above...
The ASX200 has had a strong run up after breaking through 6200 earlier in the month off a higher low. Price is getting extended and we expect a further push from the bulls and reaction around the 6845 area. For further bullish action price will need to consolidate a pullback below the level before a thrust up and through to new highs. The previous move to 7200...
ETF comparative strategies in Australia with MVE (VanEck Vectors S&P/ASX MidCap ETF), VSO (Vanguard MSCI Australian Small Companies Index ETF), and IHD (iShares S&P/ASX Dividend Opportunities ETF) - since 2017.
The banks have been smashed since the pandemic started but apparently one of them is preparing to fly higher. That is ASX:NAB bank, from the technical analysis it is showing a promising chart pattern.
From the chart, we can draw a cup and handle formation that has been forming for weeks. Besides the stock has crossed its 200MA after being glued to it for almost 2...
$DCG.ASX it aims to push higher to 0.079 #DCG #ASX
Decmil Group Limited (DCG) offers a diversified range of services to the Australian resources and infrastructure industries throughout Australia and New Zealand. The DGL within the group specialise in design, civil engineering and construction; accommodation services; mechanical fabrication and maintenance.
> Debt reduction
> starting div payment
> probably start of new stage
Pro-Pac Packaging Limited (PPG) involved in manufacturing and distribution of industrial, flexible and rigid packaging products. Pro-Pac Packaging Limited is a diversified manufacturing and distribution company, providing end to end solutions for general industrial and primary packaging.
$OSP.ASX looks like sell off died already . #OSP #ASX
About the company
Osprey Medical Inc. (OSP) is a medical device company with operations based in USA. The Company is focused on protecting patients from the harmful effects of X-ray dye (contrast) used during commonly performed angiographic imaging procedures.
Fair Value Estimate 0.052c if it holds this level
Stage 4 of growth has just started....?
History tells us that....
Domino's Pizza Enterprises Limited (DMP) is engaged in the operation of retail food outlets and franchise service. The Company holds the exclusive master franchise rights for the Domino's brand and network in Australia, New Zealand, France, Belgium, the Netherlands, Japan and the Principality of...