Bearish potential detected for ASKEntry conditions:
(i) lower share price for ASX:ASK along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $1.37 (open of 26th August).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $1.43 from the open of 7th November, or
(ii) above the potential prior resistance of $1.45 from the open of 19th September, or
(iii) above the recent swing high of $1.48 from 24th October.
Asxshort
Potential outside week and bearish potential for SDFEntry conditions:
(i) lower share price for ASX:SDF below the level of the potential outside week noted on 19th November (i.e.: below the level of $5.08).
Stop loss for the trade would be:
(i) above the high of the outside week on 17th November (i.e.: above $5.50), should the trade activate.
Bearish potential detected for IELEntry conditions:
(i) lower share price for ASX:IEL along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $5.58 (open of 16th September).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $5.96 from the open of 2nd September, or
(ii) above the yearly anchored VWAP (currently $6.04), or
(iii) above the quarterly anchored VWAP (currently $6.19).
Bearish potential detected for DGTEntry conditions:
(i) lower share price for ASX:DGT along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $2.76 (open of 2nd October).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $2.92 from the close of 14th July, or
(ii) above the potential prior resistance of $3.14 from the open of 9th September.
Bearish potential detected for MTSEntry conditions (Darvas box failure play):
(i) lower share price for ASX:MTS along with swing up of ADX/DMI indicator and decline in RSI.
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the long term resistance level of $4.00 from 17th April 2023, or
(ii) above the declining 30 day moving average (currently $4.05), or
(iii) above the high of the recently formed Darvas box of $4.16.
Bearish potential detected for CAREntry conditions:
(i) lower share price for ASX:CAR along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $36.14 (open of 13th May).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $38.68 from the open of 6th October, or
(ii) above the potential prior resistance of $39.75 from the open of 5th September, or
(iii) above the previous swing high of $41.55 from 25th August.
Bearish potential detected for AUIEntry conditions:
(i) lower share price for ASX:AUI along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $11.20 (open of 28th July).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $11.55 from the open of 29th August, or
(ii) above the potential prior resistance of $11.72 from the open of 25th August, or
(iii) above the previous swing high of $11.76 from 22nd August.
Bearish potential detected for AFIEntry conditions:
(i) lower share price for ASX:AFI along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $7.32 (open of 11th August).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $7.50 from the open of 28th July, or
(ii) above the potential prior resistance of $7.57 from the open of 21st July, or
(iii) above the previous swing high of $7.68 from 31st July.
Bearish potential detected for BENEntry conditions:
(i) lower share price for ASX:BEN along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $12.44 (open of 23rd June).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $12.84 from the open of 11th June, or
(ii) above the potential prior resistance of $12.90 from the open of 11th July, or
(iii) above the declining 10 day moving average (currently $13.02), or
(iv) above the low of the range of day prior to the gap-down (1st September) of $13.10.
Bearish potential detected for XYZEntry conditions:
(i) lower share price for ASX:XYZ along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $111.02 (open of 24th February).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the previous swing high of $117.25 from the open of 4th September, or
(ii) above the potential prior resistance of $118.99 from the open of 19th August, or
(iii) above the previous swing high of $124.00 from 29th August.
Bearish potential detected for WEBEntry conditions:
(i) lower share price for ASX:WEB along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $4.54 (open of 26th June).
Stop loss for the trade would be:
(i) above the declining 50 day moving average (currently $4.70), or
(ii) above the low of the candle on 24th July prior to the gap-down prior to the close below the 200 day moving average (i.e. just above $4.78), or
(iii) above the recent swing high on 23rd July (i.e.: above $4.93), depending on risk tolerance.
Bearish potential detected for NXGEntry conditions:
(i) lower share price for ASX:NXG along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $10.21 (open of 4th August).
Stop loss for the trade, depending on risk tolerance, would be:
(i) above the recent swing high of $10.92 of 7th August, or
(ii) above the potential prior resistance of $11.18 from the open of 28th July, or
(iii) above the potential prior resistance of $11.66 from the open of 28th October 2024.
Bearish potential detected for SDFEntry conditions:
(i) lower share price for ASX:SDF along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $5.89 (open of 20th June).
Stop loss for the trade would be:
(i) above the potential prior resistance of $6.08 from the open of 4th December 2024, or
(i) above the potential prior resistance of $6.19 from the open of 3rd July 2024, depending on risk tolerance.
Bearish potential detected for SUNEntry conditions:
(i) lower share price for ASX:SUN along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $20.46 (open of 19th May).
Stop loss for the trade would be:
(i) above the potential prior resistance of $21.36 from the open of 5th June, or
(i) above the high of the recent swing high once the trade is activated (currently $22.14 from the high of 1st July), depending on risk tolerance.
Bearish potential detected for AGLEntry conditions:
(i) breach of the lower confines of the Darvas box formation for ASX:AGL
- i.e.: below low of $9.84 of 7th April, and
(ii) swing increased bearishness of indicators such as DMI/RSI along with a test of prior level of support of $10.02 from 11th March.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) above the high of 10th April (i.e.: above $10.89), or
(ii) above the prior support level from the open of 10th January (i.e.: above $11.15), depending on risk tolerance.
Potential outside week and bearish potential for HCWEntry conditions:
(i) lower share price for ASX:HCW below the level of the potential outside week noted on 4th July (i.e.: below the level of $0.72).
Stop loss for the trade would be:
(i) above the high of the outside week on 30th June (i.e.: above $0.785), should the trade activate.
Potential outside week and bearish potential for TLXEntry conditions:
(i) lower share price for ASX:TLX below the level of the potential outside week noted on 2nd June (i.e.: below the level of $24.91).
Stop loss for the trade would be:
(i) above the high of the outside week on 5th June (i.e.: above $27.40), should the trade activate.
Important note for the trade:
- Observe market reaction at two key areas illustrated in the chart above, should the trade activate ($24.79 and $24.47), which could act as support against the short trade.
Bearish potential detected for BAPEntry conditions:
(i) lower share price for ASX:BAP along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $4.82 (close of 18th June).
Stop loss for the trade would be:
(i) above the high of the recent swing high once the trade is activated (currently $4.92 from the high of 19th June), or
(ii) above the prior resistance zone of $4.87 from 8th November 2024, depending on risk tolerance.
Bearish potential detected for NHCEntry conditions:
(i) lower share price for ASX:NHC along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $3.57 (open of 11th April).
Stop loss for the trade would be:
(i) above the high of the recent swing high once the trade is activated (currently $3.75 from the high of 19th May).
Bearish potential detected for AIAEntry conditions:
(i) lower share price for ASX:AIA along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) close below the 200 day moving average, and
(iii) observing market reaction around the share price of $7.08 (open of 8th April).
Stop loss for the trade would be:
(i) above the high of the recent swing high once the trade is activated (currently $7.41 from the high of 8th May).
AUS200/ASX200 - TIME FOR A KILLTeam, another successful trading at ActiveTraderCommunity - we have hit 4/4 trades again today with target hit.
AUS200/ASX200 has been one of my favorite, but it moves like a snail. However I have all the time in the world to be patience and that what I am good at when it comes in term of trading. Be patience until the PRICE IS RIGHT
Please carefully look at two TARGET price ranges
Target 1 at 8478-8473 - please take 70% profit once it hit here and bring stop loss to BE
Target 2 at 8467-8458 - close our chapter
PLEASE NOTE: These two prices are also taking into consideration base on my statistic and probability of highly chance the target will hit.
Make sure you follow my channel for further trade. As we have not losing a trade for a very long long time. Also click on video above and you will see all my trade are accurate.
Bearish potential detected for PDNEntry conditions:
(i) lower share price for ASX:PDN along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) close below the 50 day moving average (currently $5.91), and
(iii) observing market reaction around the share price of $5.72 (open of 28th March).
Stop loss for the trade would be:
(i) above the high of the recent swing high once the trade is activated (currently $6.35 from the high of 2nd May).






















