ASX:BXB Looking at this on a RENKO Traditional 0.50 chart has this stock turning into an uptrend. He only issue I see here is the moving Average is still pointing up. This is a warning sign this stocks new uptrend may not be as solid as I would hope. Staying out of this one as I think its a false positive on the turn but I am posting the idea for Historical...
$CIM.asx hits fib Ext 2x . Ideally should come straight down to 200dema and rising trend line support
$WBC Westpac LT H&S forming but ST near completion. Risk of spiral down
The recent sell down on AUS index is kinda strong. The bearishness is still in play. It may go lil lower further till it meets strong solid support from BULL side. Just keep in mind that we are still in Bullish long term. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute...
CSL likely to hit 150. Rinse and repeat cup handle pattern
Anticipating base metal sell off going to put pressure on the ASX into the start of next year. Need a move sub 5915 to bolster my bearish view. I get bulled back up again sub 5750
We might have some pullback on the Australian 200 if price respect the Bat formation. Happy Trading (*_*)
The S&P/ASX 200 Telecom bounced at the 78.6 retracement from its 2011 low to 2015 high... which coincides with its 2006 low... good R/R area.. from one Fibo level to the next.
Caltex looking to tag $34.00, I see support around the $33.40 area , Bearish below $33.00
In what looks to be like the finishing move in this market its Bull VS Bear "Finish Him" announces the chartist. Once this move is over this should signal the end of the corrective period since 2007 in what would of been a 10 year bear market. Minimum downside expectation is 4800 with a stop at 5800. Good luck and safe trading.
Hello, lets look at Australia 200. Critical Zone: 5640 ~70 There has not been much action for Australia 200 this year. With this type of condition, if we stick to the plan, we can all make consistent profits until the pattern ends. As Chinese economy stalls, we will expect to see Australian market stabilizes. As we can see on the chart, since February 2017,...
CBA break of bullish trend. Possible indication of further declines
DOW vs ASX nearing ATH of 2000 Tech bubble. History may not repeat but sure can rhyme