$ALL.AX a consv 17% drop puts this near 200dma
$ALL.AX Aristocrat correction unfolding #ASX200
Completes ABCD bearish setup plus Channel top. Distance from 200dma similar to 2014 top
ASX topping out, creating multiple bear divergences within a large, multi year bear flag. Orange line = height of ASX pre gfc. Red line = pre recession support Blue lines = first lot of targets. Along with the housing bubble, potential future issues with loan repayments (i.e. those who took out interest only loans), along with the flat cash rate and wages not...
$FMG.AX looks like headed lower to 3.80 Yrly Pivot Support 1 to 3.60 fib
Looks like we bout to hit bottom. This should be a good place to go long. If it breaks down more, then you can always bail at a stop loss, but this right here is a seven year low. With the recent job cuts and 5G around the corner, I fully expect a rebound. Also every single analyst right now is telling you to sell. Thats a buy signal in itself.
CSL reaches channel top and another Fib level.
BUY MEA fractal target 40 to 100% rise
MQG significant level hit with 200% fib and potential primary wave 5
$SEK.AX SEEK getting into a tough zone
The Australian index could be building a top pattern.
Using my "Imagined Reality", this seems like the formation of an OCO. In addition, the attraction of the 2 GAPs below helps confirm my imagination. If this happens, see: 1- Nothing is 100% in graphical analysis 2 - The fall of the asset will not be linear, there will always be "up and down". 3-As can be seen, I put a small blue line to show that the asset can...
$NAB.AX has potential to bounce from here to upper end of chann $NAB
Well, I start by saying that the "STOP" should be just under 9.36. The last candle is low, but did not break the "STOP" so there are great chances to open, fall and come back to break what might be the Point of Entry at 9.45. Occurring this and breaking the Average of 9, the target will be the closure of the GAP at 9.72. And for this to occur the low channel will...
Very bullish news coming out for after pay along with the US expansion. its gone viral here in Australia. This is a long term 6month trade.
TLS finding some support at falling support line