I believe HUM has finished a combo correction following it's post-rona rise. It is in the middle of a minute 1 and minuette 2, perfect conditions for a bullish entry. Projecting a fib ratio of (i) from (ii) gives (iii) a price target of 1.525. This is an updated analysis from a more in-depth one over on hotcopper, here's the link: hotcopper.com.au
As you can see, Zip Co have recently started gaining momentum upwards, after trading and consolidating at SPP range for a few weeks. this has been significant as it started show signs of strength that is maintained, and can continue to the rest of the year. Fundamentals are looking strong, and Technical analysis are certainly backing it up. at this current rate, I...
Bullish Confirmation Indications Recent price action may have confirmed a reversal as we can see that price came down to the trendline and has since moved up. Price has also moved out of the downtrend line (triangle) which indicates that Buyers are strong. 1. Price has been supportive at the support level of $1.00 - $1.30 zone 2. There also lies a trendline...
Based on long term trend and continued increase in Profits a good potential long opportunity is building. Strong support area's converging along a potential 61.8% Fib retracement from COVID low areas. Best buy in price could be around $4.80-$4.90 with a stop loss around the $4.50 mark and first Take Profit (Trading not Long Term) around the $10 area. A good...
ASX:Z1P seems to bounce back but is the savior clement enough to let it shine once again or is it a bull trap before a plunge deep down in the bears dale? Lets deep dive and analyze. If you remember my last post on ASX:Z1P I mentioned that this stock was playing with fire writing a H&S or head and shoulder pattern. Eventually it got caught up in its games and it...
Hello investors were hopefully starting to see the bottom of the correction. in line with the opportunistic bullish count of the Nasdaq and tech indexes which are all oversold and edging to push higher. if if only a corrective wave (2) cheers limitlesss
The charts dont lie. ASX:Z1P is drawing one hell of chart pattern if it is confirmed, ASX:Z1P bulls may have hard time. This pattern is none other than H&S . From ZIP has been hovering above 6$ for a while but apparently things start taking another dimension. It is not only hanging on a thread but also looks like it is waving bye bye to the extension we saw above...
Hello Fellow Trader! Z1P has been well supported at $6.30 for the past week, even during that short term sell off after Presidential debate, buyers came back through holding price within this range. Many signals on the daily and 1 hour are now suggesting further support to the upside, and a recovering Nasdaq’s 8% rise since the 24th of September suggests the...
Stock is massively overvalued. Competition is coming with better product like SPT Paypal a major threat to all BNPL Stock would have crashed by now but institutions are keeping it high to milk retail traders Take profit now if you own and short
The high that was created by the hype during its IPO is ready to get taken over by the hype that's created from a cashless society. TA, - MACD daily golden cross - MACD volume increasing - Demand volume increasing - Broke out of bullish pennant - Bullish Moving averages Hoping for some consolidation at this level due to 2 massive supply tails at 1.915. Watch...
Z1P is up strong after the announcement of Z1P business and a deal with eBay ($EBAY). www.afr.com
I noticed on the daily chart today for APT that it has potentially broken it's uptrend for the first time since March 23 this year. The breaking of the uptrend itself doesn't mean its the end of the world, but in my experience, it's certainly a warning flag. The closest daily support I can find (no a lot to work with) is around $65.80 (marked on chart) Breaking...
Long term downtrend Price moved out of downtrend Base forming Price above 20MA Break of 54c