BGL has just had a good pull back and looks to have temporarily broken the short term downtrend, could possibly turn out to be the start of the next leg up to a new high to continue it's current uptrend.
I've liked Vulcan for a long time as a Zero Carbon Lithium Provider with a strong European presence. This latest news with South Koreas LG Chemical would certainly seem to reduce some of the supply chain risk in the business in terms of long term high profile relationships. LG Chem is one of the biggest battery manufacturers - especially for Electric Vehicles - in...
MIN has been having a great upwards run over the last year. Consistently putting out new higher highs it looks like it might be a bit expensive at the moment, but it is actually travelling along pretty close to its 20 day moving average and with the recent pull back and bounce off it, it is certainly worth keeping an eye on.
A trailing stop loss of around 21%...
Saw this a couple of days ago but didnt press the buy button as I was chasing some of US EV stocks, but its up 8% today and looking reasonably strong. Little bit of upside in the swing still left, but could of course reverse soon. Be interesting to follow it with a close trailing sell. Might be worth a look.
I took this Fractal from Z1P's previous trading history and it has a very similar pattern that happens over and over again.
If this plays out to approximately around September, there could be a 250% move in the coming months if your average is around the $6-$7 level.
Z1P is the most heavily traded stock on the ASX and currently is falling due to the recent news...
Find value in finding the most traded SP without having to keep changing your input, simply click the visible range volume profile Zoom out as far as you can go and start adding support lines as explained.
Then zoom into a time significant to you i.e the last year or 2 and see if those support lines are still relevant!
I make no apologizes for the poor audio...
A2M had been falling in a strong downtrend until recently when it managed to break its downtrend line with very high volume. This price action suggests that the Bulls may have stepped in finally and want to take price higher. It could consolidate for a while before taking off. I am bullish A2M and targeting the recent Resistance level of $7.80 which could provide...
Fmg - looks like the uptrend is about to resume.
Key techinical - Inverse head and shoulders formation. FMG chart suggests it could be headed to $30. Resistance at $26. 20% upside.
Key fundamental - Iron ore prices at record highs to continue, resulting in record EPS ( big dividends ).
Due to the nature of the charting type (PnF 3 Box H/L with box size of 10 Cents) in use, we now have an established LOW POLE VERTICAL COUNT, yielding a bullish target of $11.30 which is valid but not active at this stage.
Target can also increase between know and activation trigger.
Potential V reversal and a new major bull run with A2M is still on the cards as...
In Monopoly terms, if they recieve US patent in the next few weeks, then I think its collect $2.00. thats not Ma and Pa buying. Time will tell and sentiment has been a bitch in this market. I seriously think this, IF it continues on the trajectory should be a $1B stock. minimium.
NST has pulled back to it's Fibonacci 61.8% zone and is showing signs of support and bullish price action. I am bullish NST targeting the previous highs of $11.80.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.