ASX200 - 22h expiry - We look to Buy at 7025 (stop at 6975) Buying pressure from 6959 resulted in prices rejecting the dip. Previous resistance level of 7027 broken. This is positive for sentiment and the uptrend has potential to return. Further upside is expected although we prefer to buy into dips close to the 7025 level. Our profit targets will be 7170...
ASX200 - 22h expiry - We look to Buy at 6875 (stop at 6825) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation...
Everything is clear on the chart... I am going long on this one ASX:CGC
Great yearly support... Time divergence... Waiting for trendline break... ASX:GSN
A great yearly support + Fibo level as support... An eye-catching time divergence...
A great support underneath along with a possible trend line break in future has made it a chance for me ! ASX:HHR
ASX200 - Intraday - We look to Buy at 6985 (stop at 6906) 6980 continues to hold back the bears. The lack of interest is a concern for bears. Preferred trade is to buy on dips. Further upside is expected. Our profit targets will be 7157 and 7200 Resistance: 7160 / 7300 / 7630 Support: 6980 / 6800 / 6425 Risk Disclaimer The trade ideas beyond this page are...
$BWP- Cup and Handle Pattern. It closed above the 20, 50 and 200 MA looking good!
sharing my view on XJO , previous close above , i have been sharing my view earlier this week due to holidays sharing my brief view the trend is positive and moved above our previous swing high on weekly basis.
$RDT looks like on the verge of breakout in the next week
$AZL looking a pennant set up. Looking like it could break out of this set up soon.
ASX:LYC Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals primarily in Australia and Malaysia.
From a technical perspective, Brainchip Holdings (ASX:BRN) ticks all my boxes. I believe we're at an ideal buying location for both traders and investors looking to add to their position. My reasoning: Location: Bottom of range Structure: Triple bottom, "W" price structure Divergence: Huge OBV div, confirmed div in histogram, Willy div VPVR: Currently...
TIE looks good on the weekly charts as buyers soak up the minor pullback above the EMAs. Expecting to see the pullback hold as a higher low and drag in more buyers in coming sessions. Watch the video for a more detailed breakdown of the price action. Remember to take a look at www.tradethestructure.com
Monthly chart for the ASX (Australian market) Green ovals show the clear bull rejections along the major trendline which has been recently tested and is breaking out to the upside I have labelled the chart patterns - I am unsure however if the 'Symmetrical triangles' are really that or Rising Wedges, so take that with a grain of salt
After reaching a new ATH in mid-August, Asx200 started to correct and found support in 7100 zone. At this moment we are in a correction following the first leg up since the recent low and the index can continue higher to challenge the ATH. This scenario is negated if we have a drop under 7150
$GTR- Looks like it might break out of the ascending triangle
Tried to breakout twice, with more volume could breakout and be third time lucky!