MND seems to have broken out strongly out of its descending wedge with high volume suggesting that we may have seen a bottom on the Weekly chart. I think price may find some resistance currently and provide a great buying opportunity lower. I think that any pullback lower may be a buying opportunity. It could restest the POC of Volume Profile or previous Support,...
It seems that EVN has found good support on the long term trendline and whenever it dropped, the trendline worked extremely well. This time too EVN has bounced off convincingly. This makes me bullish ECN and any little pullback could be a very good Buying Opportunity. I have marked a Buy Zone between $4.20 - $4.30. My trade plan is if price retraces lower, I would...
New story emerging after 2009 - something really strong ..keep an eye. If stock gives close above 2009 on monthly closes basis - significant upside potential.
$HLS $HLS.ASX consolidating and it may pop up Healius Ltd Service company for medical, para-medical and related services, and day surgery operator. Number of shares 623,008,113
NHC moved higher as expected (link of our previous Trade Plan Idea attached) and now it has found resistance currently and is expected to pull back lower. This pullback is expected to reach the Bullish Trendline Support Zone of $1.260 and bounce higher. This could be a zone where we expect NHC to find buyers and take price higher. We will be monitoring the Price...
After making a Higher High and then pulling back to Fibonacci Retracement of 78.6%, NHC has bounced off strongly giving a strong break of the bearish trendline with High Volume. it bounced off exactly from the High Profile Volume Zone (confluence), indicating that it is most likely to head higher towards its previous highs!! TP1 - $1.380 (potential gain 5%) TP2 -...
CTD has been rallying since the huge drop it experienced during the pandemic and it seems that it needs a breather before the upswing continues. CTD has been in an uptrend forming higher highs and higher lows but now we are expecting the current pullback to be deeper because of the Bearish Divergence on MACD and the Bullish Momentum getting weak. We are expecting...
GXY seems to have taken off north, after breaking out of the triangle with very High Volume, so any retracement lower shall be a fantastic buying opportunity as it has been in a clear uptrend forming higher highs and higher lows. All we need is a little retracement towards the Support level and trendline Support level of $2.45 where it may come to backtest and...
MND may be poised to move up aiming its previous resistance. A breakout of the bearish trendline (Wedge) combined with bullish price action off from the POC of Volume Profile makes me bullish. Another evidence is the MACD cross with Bullish Divergence which tells us that the Bearish Momentum has exhausted as price was going down and MND is ready for an upswing. My...
REX has stopped its fall and has decisively bounced off the 200SMA and it seems that the pullback is over and price is likely to move up. MACD has given a bullish cross which is also a bullish sign and a confluence. I am expecting the upswing to continue higher. My trade plan is as follows: TP - $1.880 (potential 17% gain) Stoploss - $1.420 Please note these are...
YAL has been getting very well supported on the 200SMA and the consolidation is probably gathering energy to push higher. With MACD Bullish Cross as a confluence, I am bullish YAL and expecting it to move higher in the next few trading sessions. My trade plan is as follows: TP1 - $2.45 (potential gain 7%) TP2 - $2.55 (potential gain 11.5%) Stoploss -...
MEZ looks good and ripe for a move higher because of the two consecutive breaks of the Bearish Trendlines with High Volume and has bounced off its strong support of $4.60 level. MACD has got bullish too and maybe we shall see the upswing continue to go higher. My target for this trade would be $6.00 level which could be a potential 18% gain. TP - $6. 00...
I am expecting ANO to move higher in the next few trading sessions. Price has been getting supported above the 200SMA and 50SMA and has been consolidating and volume is also picking up. Price initially broke out of the Bearish Trendline with very High Volume and MACD has also crossed, giving a Bullish signal. My trade plan is as follows: TP1 - $$4.60 (potential...
$WOO.AX nice Chart - destined for higher prices $WOO Wooboard Technologies Limited (WOO, formerly Reffind Limited )uses a gamified, social cloud-based platform to allow employees to send recognition and share updates instantly. Wooboard, the simple peer to peer recognition platform, to help create a positive culture of recognition in the workplace.
$TD1.AX broken out and coming back to retest the BO Line $TD1 lets see if it was a fail break out or got more room to move. TALI Digital Limited (TD1, formerly Novita Healthcare Limited) is a tech company focuses on development of software solutions to address neurological conditions in early childhood through its TALi platform. TALi platform is a scientific and...
$CI1.AX Credit Intelligence, trying to establish the bottom $CI1 Credit Intelligence Ltd (CI1, formerly APAC Coal Limited) is into debt-restructuring business operating in Hong Kong and Singapore. Credit Intelligence provides bankruptcy administration services and Individual Voluntary Arrangement (IVA) proposal consultancy, implementation services and credit...
ASX:DMP ⚡️ Up over 41% Investing peacefully
DOW looks good and ripe for a move higher because of the break of the Bearish Trendline with High Volume. MACD has got bullish too and maybe the pullback is over and we should witness this leg higher as we are in a clear uptrend. My trade plan is given below: TP - $5.55 (Potential Gain 7%) TP - $5.80 (Potential Gain 10%) Stoploss - $4.88 Please note these are my...