$ABC ADBRIIH&S / VCP held at level
mod volume sitting / winding up for a likely pop
NO idea what FA is for Co
0.38USD
61.66 MUSD
1.27 BUSD
About ADBRI Limited
Sector
Industry
CEO
Mark D. Irwin
Website
Headquarters
Adelaide
Employees (FY)
1.6 K
Founded
1960
FIGI
BBG009BVTPK0
ADBRI Ltd. manufactures and supplies products to the building, construction, infrastructure and mineral processing markets. It operates through the following divisions: Cement & Lime, Concrete & Aggregates and Concrete Products. The Cement & Lime and Concrete & Aggregates divisions include products under the Adelaide Brighton Cement, Cockburn Cement, Northern Cement, Swan Cement, MCI, Hy-Tec, Direct Mix Concrete, Southern Quarries, Peninsula Quarries and Penrice brands. The Concrete Products division provides concrete bricks, blocks, pavers, retaining walls, erosion control products, architectural masonry and reconstituted stone veneers. The company was founded in 1882 and is headquartered in Adelaide, Australia.
$ABC 2.08 VOLUME ALERT - CONSTRUCTION cement productsStarting the next push, today 10:40 were already at (Friday)s volume.
Theyve had her down here for almost 100days and some emas crosses should start alerting those interested.
With a few decent grabs in the background this all bodes well for a lil run.
FD holding from $2.05
Targets in red
ABC.ASX_Down Trendline Breakout Trade_LongENTRY: 3.71
SL: 3.50
TP1: 3.87
TP2: 4.26
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI +ve
- Weekly MACD +ve
- Showed strength on 4 Aug 2021.
- Retraced close to 50% Fib level (3.60) with lower volume.
- Breakout of down trendline with high vo
ABC_Long on retracement after breakupWkly:
RS < 0; FFI > 0
MACD Bullish
Stoch D% + K% > 70
RSI > 50
Weekly form long tail pin bar at last Resistance-turn-Support
Daily:
RS + FFI > 0
MACD Bearish
Stoch D% + K% < 50
RSI > 50
Daily candle close w/ higher than avg. vol above last down candle Open
Only concern is the bearish MACD
Entry: $3
Adbri - Ascending Triangle - Approx 17% upsideNot my fav set up here but looks a fairly high probabilty trade.
Technicals - Ascending triangle formation, entry on triangle break with bullish candle confirmation.
Fundamentals - materials sector is expected to get plenty of activity from various government stimuli, plus, low interest rates env
ADBRI - textook partial decline ABC showing a weekly structual descending broadening wedge with partial decline. Breakout has occured, with a throwback backtest. Price target in the realm on $6 in time. This is a large pattern, so be patient. This is not financial advice. I can't give you entry or stops.
Dear Adelaide Brighton LtdASX:ABC
What a great job today! Welcome to my shortlist of tradable stocks.
You know... I don't have money at the moment, but If I had I'd buy some of you. You just tick the three items in the checklist:
- DIDI index configuring an "agulhada"
- Opening Bolinger
- ADX accelerating.
Perhaps it's too
ABC looking good for a shortAfter filling the gap created by the drop in March, an Evening Star Reversal has formed on the daily indicating a possible bearish reversal. Price also failed to close above 50% Fibs. A Shooting Star has also formed on the 3Day tf and a Doji on the monthly. The OBV is also looking very weak on the m
Just an ideaABC.ax is a construction company and will yield some benefit from the Government's infrastructure spending. It is forming an inverted H & S pattern. As has been the case recently, with many inverted H & S patterns, the price breaks out, comes back down to test the neckline and fails. Do not let the
See all ideas
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