Detected 12-Jul (detailed commentary and full scan results available in the signature below). Trade not activated as at 12-Jul. ASX:CPU represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price below the level of the potential outside week noted on 12-Jul. Stop loss for the trade would...
Detected 07-Jun (detailed commentary and full scan results available in the signature below). Activated 11-Jun. ASX:VEA represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price below the level of the potential outside week noted on 07-Jun. Stop loss for the trade would be: (i) above...
Detected 05-Jul (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 05-Jul. ASX:MGR represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price along with swing up of bearish DMI indicator and swing down in RSI. Stop loss for...
Detected 31-May (detailed commentary and full scan results available in the signature below). Activated as at time of review of 4th June. ASX:WOR represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price below the level of the potential outside week noted on 31-May. Stop loss for the...
Detected 21-Jun (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 21-Jun. ASX:ORA represents a potential bearish opportunity should momentum continue and newer lows be made past the current position. Entry conditions: (i) breach of the lower confines of the Darvas box formation - i.e.: below low...
Detected 07-Jun (detailed commentary and full scan results available in the signature below). Activated 11-Jun. ASX:KLS represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price below the level of the potential outside week noted on 04-Jun. Stop loss for the trade would be: (i) above...
Detected 17-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 17-May. ASX:CTT represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price along with swing up of bearish DMI indicator and swing down in RSI. Stop loss for...
Detected 31-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 31-May. ASX:GPT represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price along with swing up of bearish DMI indicator and swing down in RSI. Stop loss for...
Detected 31-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 31-May. ASX:HDN represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price along with swing up of bearish DMI indicator and swing down in RSI. Stop loss for...
ASX200 - 24h expiry Indecisive price action has resulted in sideways congestion on the daily chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 7770 will confirm the...
Detected in the latest scan for the week (detailed commentary and full scan results available in the signature below), ASX:DRO represents a potential bearish opportunity with respect to a possible key reversal top formation detected. Stop loss for the trade (and indication that this trade is an absolute 'no-go') is any trade above the high of the signal day of...
Detected 17-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 17-May. ASX:EDV represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price along with swing up of bearish DMI indicator and swing down in RSI. Stop loss for...
Detected 24-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 24-May. ASX:SEK represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price below the level of the potential outside week noted on 24-May. Stop loss for the...
Detected 17-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 17-May. ASX:CRN represents a potential bearish opportunity should momentum continue and newer lows be made past the current position. Stop loss for the trade (based upon the Darvas box formation) would be: (i) above the top of the...
Detected 12-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 12-Apr. ASX:AX1 represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price along with swing up of bearish DMI indicator and swing down in RSI. Stop loss for...
Detected 03-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 03-May. ASX:WOW represents a potential bearish opportunity should momentum continue and newer lows be made. Trade is further supported by a volume spike noted on 02-May and a gap-down noted on 02-May. Entry conditions: (i) lower...
Detected 10-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 10-May. ASX:IPH represents a potential bearish opportunity should momentum continue and newer lows be made. Entry conditions: (i) lower share price along with swing up of bearish DMI indicator and swing down in RSI (consider a...
Detected 19-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 19-Apr. ASX:BOE represents a potential bearish opportunity should momentum continue and newer lows be made. Suggested to await clearance of support level before entry into trade. Entry conditions: (i) lower share price along with...