Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at ASX:4DS ...
I believe this code is at a point of potential volatility.
If price can hold above $0.092 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.115 (Conservative)
- $0.145 (Medium)
- $0.230 (Aggressive)
...
ASX:4DS ASX:LDX ASX:WC8 FWB:LLI LSE:ARV MIL:FRE ASX:RDM SET:STP ASX:EOL FWB:AD8
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly...
XETR:4DS ASX:LDX ASX:WC8 ASX:LLI ASX:AZS ASX:BOT ASX:NXL NSE:RBL ASX:GCY ASX:MP1
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly...
Looking at the daily chart, i think we hit the bottom in this cycle @ 13c. Zooming out on daily, we closed above the first resistance line of 14.5c.
If we can break and stay above 16c, we might get a little run here.
Bounce off support, follow through with volume, first target is 22c. Stop loss at 15c. Could be the start of a new uptrend with 4ds listing on the tech index 22nd march.
No volume yet, but a bounce on 4ds is a good sign as it enters the tech index on the 22nd of march. Keep it on the watchlist for a break of 20c. Once broken should start a new uptrend.
Stop loss 15c in entry.
Respecting a trading channel, i really like 4DS as a company, and the way WBT moved recently i feel like this can follow suit. Not much noise around this stock either, watching for another move above 9c to buy with a target of 10c again (previous high today). Stop loss set at 8.4c when entering.
4DS is looking ready to break out of a flag formation, any news will see it go strong given this kind of tech is looked upon favorably. Watching closely for a push past 7.3c
hey traders,
looking at this daily correction being complete. two options on the hourly however. we could see one more low to create divergence OR this is the beginning of the upside. trade according to your plan and risk management rules
Another one of my favoured potentially MEGA Alpha SMALL CAPS plays has entered a Trading Halt pending news of a Capital Raise.
I am hoping for a non-renounceable rights issue that avoids dilution and gives holders the opportunity to load up at a significant discount. At these prices it will be chicken feed!
I am confident it is NOT an SPP or placement with...
