Zip Pay to close above or below the 200 moving average tomorrow?
Currently, the MACD, RSI and DMI, moving averages doesn't look good for Zip Pay.
Therefore, more likely to go lower using technical analysis.
On Wednesday, Australia stocks were softer after the stock trading. It was due to the deficits in the IT, Consumer Discretionary, and Financials sectors that led the shares weaker.
At the end of trading in Sydney, the S&P/ASX 200 plunged 0.13%.
The best performers of the trading session on the S&P/ASX 200 were Independence Group NL , which soared 6.00% or...
Wesfarmers Ltd (ASX: WES) is often regarded as one of the best blue chips on the ASX.
Breaking out today and heading higher ahead of earnings.
Technical indicators are bullish.
Good stock to buy and hold.
Kogan, one of my favorite stocks in Australia had a great run in 2019.
Time for it to retrace back to trendline or the 50-day moving average.
MACD is starting to turn bearish, RSI is already heading down.
I would sell and buy Gold Stocks in the short term.
Sell or Short $CBA.
Commonwealth Bank of Australia to retrace back to moving averages.
More likely to retrace back to the 200 moving average (red line) at this stage to form an ABC correction.
Or retrace back to trendline support.
Beach Energy Looking Good if price can break $2.45. $BPT
Green 2 over Green 1. "Go Long"
Elder Impulse System is green = " Go Long".
MACD and RSI about to get bullish too.
Australia and New Zealand Banking Group (ASX: ANZ) share price has fallen big in the last few months.
Value Investors, is this a buy for you?
For me, $25 is the magic number. If we can hold and bounce strongly above $25 before the monthly close. It is a good buying opportuntity in the short term. Due to "reward to risk".
If we close below $25, ANZ doesn't...
Strong open and strong close last Friday. So is it time to go long for Link Admin this week?
It is above the 20 and 50 moving averages.
MACD and RSI are bullish,
we are likely to see a breakout toward the 200 MA at 6.70-6.75.
Worth adding this to your watchlist.
Topped on a green 9.
We are on red 1 right now and if we get a red 2 below the red 1 on Monday.
It is a good shorting opportunity.
The RSI, MACD, and CMF are showing the bulls are running out of energy.
I am bullish on Qantas long term and therefore I am expecting the bulls to take back control on the trendline or near the moving averages.
Energy Sector XEJ looking good.
Whitehaven Coal looking good too.
From a TA point of view:
Broken downward trendline
RSI and MACD rising
I like it even more once the stock price can close above the 50 MA.
Keep it on your watchlist!
The RSI gave us a Divergence "a warning signal" on the monthly chart.
Today sell-off of 2.19% was going to happen anyway. Maybe more to come if the US Market continues to sell-off.
I am still bullish long term and have added support lines on where I expect the price to bounce back.
----
Related ideas
Nov 30
TD Sequential is showing a Green 9. This could be...
The TTM Squeeze indicator attempts to identify periods of consolidation in a market. ... The dots across the zero line of the TTM Squeeze indicator will turn RED, signifying this period market compression.
So breakout or a sell off next week for $XJO?
hmmm, we are close to a breakout or a double top...MACD and RSI are looking bullish at the moment.
QAU failed to close above the channel a few months ago and now looking more bearish.
OBV, RSI, MACD, and volume are bearish for QAU.
We could see more downside in the midterm.
