I would be looking to enter around 1.02 (laddering in from 1.03) Stop loss @ 0.97 (or even @ 0.98 for a tighter stop) Profit Targets: 1.13, 1.16, 1.19, 1.22, 1.235 If price breaks below 0.95 I would not want to be in z1p for the short term. **DO YOUR OWN RESEARCH**
Transcendence Technologies Limited which has a market cap of around $3.5m has recently demonstrated a clear change in attitude after an extended down trend with circa 5% of the shares on issue traded last week. The shift appears o have been instigated by the appointment of Pat Burke as NED. Mr Burke has extensive legal and corporate advisory experience having...
ASX is approaching our first support at 5577.4 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 5976.5 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is approaching support and...
Key levels to look out for ASX. Please refer to our 4hr chart for a strategic view!
ASX is approaching our first support at 5946.2 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 6110.9 (horizontal pullback resistance, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching support and we might see a...
These are the levels to look out for when analysing ASX . Please refer to our 4hr chart for a strategic view!
Different Entry Opportunities Depending on the breakdown
Chris Moody's MacD indicator showing buy signal right now Squeeze Momentum showing it's in the good deal territory Candles are below the Chris Moody's MA As soon as you see 2 consecutive red candles on the 1 DAY Heikin Ashi chart for ASX:XJO, that's your stop loss, get out. ...otherwise I don't see why it can't hit 6300 even with one pullback.
We are at the end of L2, if tomorrow or after the trend turns, it will be time to buy ...
ASX is approaching its support at 6242 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support, channel support) where it could potentially rise to its resistance at 6289 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) bounced off its support at 6% where a corresponding...
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...
S&P ASX 200 Australian index long bias. Previous strong weekly demand level in control from around 5720. New very strong weekly demand created at 5804 Waiting for weekly highs to be solidly broken before going long again. Longs lower at weekly demand imbalance or new daily and weekly demand zones if weekly highs are broken
ASX is being held up by ascending support lines where it a potential bounce on weakness at 6009 (23.6% Fibonacci retracement) could occur. This could cause price to rise to its resistance at 6112 (100% Fibonacci extension, horizontal swing high resistance). RSI (55) is being held up by a corresponding ascending support line and the ichimoku cloud is showing signs...
ASX is testing our first resistance at 5989.2 (horizontal swing high resistance, 76.4% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 5871.9 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish divergence and is approaching our major...
ASX is approaching our first resistance at 5989.2 (horizontal swing high resistance, 76.4% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 5871.9 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish divergence and is approaching our major...
ASX is approaching its resistance area between 5851 to 5885 (50% Fibonacci retracement, 38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal pullback resistance) where it could potentially react off it, causing price to fall to its support at 5692 (horizontal swing low support). We have also identified another resistance at 5960 (horizontal swing high...